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Building sector

“Renovation of multiapartment buildings”. A compensation mechanism under the Government’s multi-apartment building renovation programme. It is aimed at reducing thermal energy consumption, encouraging rational use of energy resources, ensuring efficient use of housing, and improving the living environment and quality of life for the population. It is planned to reduce heating consumption in multi-apartment and public buildings by 30-40% by 2020 and compared to 2011 to save heat from 2 to 3 TWh per year. The financing for renovation (modernization) of multi-apartment and public buildings is provided from different financial schemes supported from Programme for Climate Change, JESSICA Holding Fund, and Energy Efficiency Fund.

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