Investment opportunities in the energy efficiency of public buildings in Ukraine

Lviv Polytechnic National University, Department of Administrative and Financial Management, 79013 Lviv, Ukraine

^* Corresponding author: ivan.y.fedunyshyn@lpnu.ua

Abstract

The article examines the current issue of energy efficiency in public buildings of Ukraine in the context of global climate change trends and increasing attention to energy security. The article focuses on the existing energy-saving measures and highlights the most relevant ones. The authors conduct an analysis of investment opportunities, a selection of typical measures and develop a model of allocation of funds for energy- efficient measures in public buildings, in particular in schools. Special attention is paid to the importance of involving the public and the private sector in the energy efficiency process to achieve positive environmental and economic results. Measures with rapid payback periods should be financed through the Decarbonization Fund. This strategy not only generates additional funds for a revolving fund but also enhances financial resource management efficiency. Notably, utilizing funds from the Decarbonization Fund is 20% more cost-effective compared to ESCO contracts.