BAKU, Azerbaijan, August 3. The list of measures financed by the Energy Efficiency Fund has been expanded in Azerbaijan.
This is reflected in the law on amendments to the law "On the efficient use of energy resources and energy efficiency", approved by President of the Republic of Azerbaijan Ilham Aliyev. The document text was published on his official website.
According to the amendment, the asset of the Energy Efficiency Fund will be used to finance the measures envisaged in this law and the following expenses of the body (organization) determined by the relevant executive authority:
- procurement of software for the purpose of implementing, improving, maintaining, creating subsystems of the energy efficiency information system, as well as accounting for transactions related to the activities of the fund;
- implementation of information provision and awareness-raising measures in the field of efficient use of energy resources and energy efficiency envisaged in this law.
The law is aimed at creating a stable financial mechanism for the sustainable and long-term implementation of educational activities in the field of energy efficiency, thereby promoting energy-efficient behavior, increasing the level of public awareness, introducing new communication tools, and forming a culture of energy saving.
