The Design of Support Program for Energy Efficiency Improvement in Latvian Industry

Abstract

The aim of this paper is to assess the voluntary agreement for increasing energy efficiency in industry of Latvia and provide recommendations for more effective implementation in the future. In the first part of the paper the energy efficiency in Latvian industry is analyzed. The first chapter of the practical part is data monitoring analysis of CCFI (Climate Change Financial Instrument) project "Complex solutions to reduce greenhouse gas emissions in production facilities”. The second part consists of the evaluation of the voluntary agreement and is the outline suggestions for more effective implementation of the Latvian program to achieve the defined energy reduction targets for industry.