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Incentivize industrial energy efficiency measures for a more competitive industry sector

Submitted by saladin on
Measures


Kyrgyzstan’s industry sector has a relatively small energy consumption, only around less than 10 per cent in 2018. Notwithstanding, energy efficiency improvement can be encouraged. According to (Partnership for Action on Green Economy, 2019), the technical energy savings potential of Kyrgyzstan is around 11 per cent. Energy audits should be promoted to all industries to identify and realise the energy savings potential. In addition, various policy measures can be considered for accelerating the green transformation through a range of policy measures. These may include market instruments (i.e., subsidies or taxes), emissions caps and trade systems (e.g., the European Union Emission Trading Scheme) or regulatory instruments. The Practitioner’s Guide to Strategic Green Industrial Policy by Partnership for Action on Green Economy (PAGE)[1] provides industrial policymakers with tools and information for developing a strategic green industry policy (SGIP).
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