The reform aims at establishment of the National Decarbonisation Fund and its sub-funds. The measure consists of assessing the national energy efficiency regulatory framework by an independent expert panel to: (i) identify barriers to energy efficiency investments and provide recommendations for changes to the national regulatory framework; (ii) identify options on the structure of the National Fund for Decarbonisation in particular on governance and operating rules; and (iii) identify potential sources for the capitalisation of the National Fund for Decarbonisation, including for technical assistance and mechanisms to use the National Fund for Decarbonisation’s capital to transform from grants to financial instruments. The law and related secondary legislation establishing the National Decarbonisation Fund and its sub-funds shall define the precise structure, governance and operating rules of the Fund. The National Fund for Decarbonisation shall be used to offer grants and technical assistance combined with financial instruments including credit lines and guarantees and/or a combination of them. The Fund shall provide for the creation of a single point for technical assistance to applicants through one-stop-shops or similar mechanisms. The implementation of the reform shall be completed by 30 September 2024.
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