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Energy Efficiency: A New Resource for Sustainable Growth

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This report summarizes the results of energy efficiency surveys undertaken by the International Finance Corporation (IFC) in Armenia, Azerbaijan, Belarus, Georgia, Ukraine, and Russia. The report discusses how small and large industrial enterprises in the food, chemical, building-materials, metal-processing, and machine-building industries prioritize, understand, plan, finance, and implement energy efficiency investments. IFC recommends improving awareness of ways to achieve energy efficiency, reducing the bureaucratic burden on enterprises and using external financing for acquiring energy-efficient equipment.