Baku: The funds of the Energy Efficiency Fund will be directed solely towards promoting energy efficiency measures. This decision is reflected in the proposed amendments to the “Law on Efficient Use of Energy Resources and Energy Efficiency.”

According to Azeri-Press News Agency, the draft law has been prepared with the aim of improving the formation of the Energy Efficiency Fund and the directions of its utilization. This move is expected to streamline efforts in advancing energy efficiency initiatives, ensuring that the fund is used effectively to support such measures.

The proposed amendments are part of a broader strategy to enhance energy efficiency and resource utilization. By focusing the fund’s resources exclusively on energy efficiency measures, the government aims to boost the implementation of projects and technologies that reduce energy consumption and promote sustainable practices.