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Funding and Financing Energy Efficiency

Funding and Financing Energy Efficiency

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What steps, if any, should be taken to provide assistance for funding and financing energy efficiency and renewable resource development of institutions and businesses? Can the market provide sufficient incentives for efficiency through savings or does government need to provide additional incentives and finance means on either state or federal levels?
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Various approaches can be used in order to encourage energy efficiency in businesses and other institutions. One of the mechanisms is the Dedicated Credit Lines, which are set up by a public body such as donor organization or a government agency to facilitate a bank or any other financial institution to fund energy efficiency projects. The other step is using Risk-sharing facilities that lessen the risk of financing energy efficiency projects to the private sector by using a guarantee mechanism. These programs……………….

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