Energy Efficiency Training

Practical and informative workshop on energy efficiency, sustainable and renewable energy financing mechanisms held in Yerevan on February 25-March 1 provided by INOGATE Technical Secretariat EU funded project in cooperation with Finance for Economic Development (FED) Program by USAID.


The main aim of the workshop is to introduce the employees of credit organizations the expediancy of funding in the sector of energy efficiency and renewable energy, its global experience, teh available opportunities in Armenia and the process of market research in that direction. 10 out of 12 member credit organizations participated in the workshop.

The following topics were discussed during the workshop:

  • EE/RES Technologies and Business in Armenia,

  • Making EE/RES financing attractive to banks: Sources, tools, methods, forms,

  • Project structures. Risk identification and management, bank guarantees, main evaluation tools & indicators,

  • Following the OECD plan to climate stabilization,

  • ЕЕ / RЕС project feasibility assessment through Life Cycle Cost analysis,

  • Examples of Lending for EE/RES, Calculation of Project Feasibility Indicators,

  • Lending to Small and Medium Enterprises for EE/RES,

  • International Practices in EE/RES Lending to Small and Medium Enterprises,

  • Residential Energy Efficiency Lending Programs in Armenia ,

  • EE/RES financing, terms and technologies, Financial support facilities and projects available for EE/RES in Austria, European experience, success stories,

  • EE/RES Project Analysis Methodology,

  • Sensitivity Analysis for EE/RES lending to SME,

  • EE/RES Project Analysis: Cash flow management,

  • Awareness Raising in EE/RES.

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Union of Credit Organizations of RA

Address: 26/3 Vazgen Sargsyan str., 702 room, Yerevan, RA

Tel.: (374-10) 52 66 94



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