Hochman, GalTimilsina, Govinda R.2014-06-252014-06-252014-06https://hdl.handle.net/10986/18759Improvement of energy efficiency is one of the main options to reduce energy demand and to reduce greenhouse gas emissions in Ukraine. However, large-scale deployment of energy efficient technologies has been constrained by several financial, technical, information, behavioral, and institutional barriers. This study assesses these barriers through a survey of 500 industrial and commercial firms throughout Ukraine. The results from the survey were used in a cumulative multi-logit model to understand the importance of the barriers. The analysis shows that financial barriers caused by high upfront costs of energy efficient technologies, higher costs of finance, and higher opportunity costs of energy efficiency investment are key barriers to the adoption of energy efficiency measures in Ukraine. Institutional barriers particularly lack government policies, which also contributes to the slow adoption of energy efficient technologies in the country. The results suggest targeted policy and credit enhancements could help trigger adoption of energy efficient measures. The empirical analysis shows strong inter-linkages among the barriers and finds heterogeneity between industrial and commercial sectors on the realization of the barriers.en-USCC BY 3.0 IGOAGGREGATE LEVELAVAILABILITYBARRIERS TO ADOPTIONBARRIERS TO ENERGY EFFICIENCYBARRIERS TO ENERGY EFFICIENCY MEASURESCAPITAL COSTSCARBONCARBON ECONOMYCARBON TECHNOLOGIESCLEAN ENERGYCLEANER PRODUCTIONCLIMATECLIMATE CHANGECLIMATE CHANGE ECONOMICSCLIMATE CHANGE MITIGATIONCLIMATE POLICYDIFFUSIONDISCOUNT RATESDOMESTIC SUPPLYECOLOGICAL ECONOMICSECONOMIC SECTORSEFFICIENCY IMPROVEMENTEMISSIONSEMPLOYMENTEND-USESENERGY AUDITSENERGY BILLSENERGY CONSERVATIONENERGY CONSERVATION POLICYENERGY CONSUMPTIONENERGY COSTSENERGY DEMANDENERGY ECONOMICSENERGY EFFICIENCYENERGY EFFICIENCY ECONOMICSENERGY EFFICIENCY GAPENERGY EFFICIENCY IMPROVEMENTSENERGY EFFICIENCY INVESTMENTSENERGY EFFICIENCY MEASURESENERGY EFFICIENCY PROGRAMSENERGY EFFICIENT TECHNOLOGIESENERGY EXPENDITURESENERGY INTENSIVEENERGY INTENSIVE MANUFACTURINGENERGY POLICYENERGY PRICEENERGY PRICESENERGY RESOURCESENERGY SAVINGSENERGY SERVICEENERGY SUBSIDIESENERGY SYSTEMENERGY TECHNOLOGIESENERGY TECHNOLOGYFINANCIAL BARRIERSFINANCIAL INCENTIVESFINANCIAL INSTITUTIONSFINANCIAL SUPPORTGHGGLOBAL GREENHOUSEGLOBAL GREENHOUSE GASGREENHOUSEGREENHOUSE GASGREENHOUSE GAS ABATEMENTGREENHOUSE GAS ABATEMENT COSTGREENHOUSE GAS EMISSIONSHEATHEAT METERINGHIGHER ENERGY PRICESIMPERFECT INFORMATIONIMPORTSINCOMEINTERNATIONAL ENERGY AGENCYINVESTMENT DECISIONSINVESTMENT IN ENERGY EFFICIENCYINVESTMENTS IN ENERGYINVESTMENTS IN ENERGY EFFICIENCYLIKELIHOOD FUNCTIONLOW-CARBONMARGINAL ABATEMENTMARGINAL ABATEMENT COSTMONETARY VALUENATURAL RESOURCESNEGATIVE IMPACTPOWERPPPRICE VOLATILITYSUPPLY CURVESTAX CREDITSTEMPERATURETRANSACTION COSTSVALUE OF ENERGY10.1596/1813-9450-6920