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Target 10% level of electricity interconnection by 2020 and 15% in 2030

Target 10% of energy used in transport to be from renewables by 2020 and 15% by 2030

Target 23% of gross final energy consumption to be from renewables by 2020 and 45% by 2030

Target 15% increase in GHG reduction outside the EU ETS (compared to 2005) by 2020 and 9% reduction by 2030

Target 21% reduction in GHG emissions in the EU ETS sectors (compared to 2005) by 2020 and 43% reduction by 2030

Target 20% reduction in GHG emissions (compared to 1990) by 2020 and 40% by 2030

Target 45% share of renewables in final energy consumption by 2030

In non-ETS sectors, GHG emissions must be reduced at least by 9 per cent compared to 2005.&nbsp;

In sectors covered by the EU Emissions Trading System (EU ETS), GHG emissions must be reduced by 43% compared to the 2005 levels.&nbsp;

To reduce GHG emissions from all sectors of economy by at least 40% compared to 1990.

20-30% cut in GHG emissions by 2020 compared with a 1990 baseline

No more than 15% growth in baseline GHG emissions by 2020 compared with a 2005 baseline

20% increase in energy efficiency by 2020

Up to 20% increase in renewables of final energy consumption by 2020

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The project is a replication of the Hungary Energy Efficiency Co-financing Program. IFC will employ a contingent financing modality which uses GEF resources to leverage IFC and private capital.  Under the Project, IFC will provide partial guarantees, and related credit enhancement mechanisms adapted to country market conditions, supporting the financing of energy efficiency (EE) projects by domestic financial institutions (FIs), as well as private project sponsors.  IFC will serve as guarantor pursuant to guarantee facility agreements with participating local FIs.  IFC resources will be combined with GEF funds as reserves supporting the guarantees.   The Project includes a complementary technical assistance (TA) program to develop a pipeline of finance-ready EE projects and to build commercial capacities of EE businesses and participating FIs.  The Project will mobilize local financial and EE industry resources and commercialize EE finance by engaging key parties  --  FIs, EE and energy service company businesses and end-users  --  to implement EE projects on commercial terms.

Elimination of hydro-fluorocarbons (HFCs) in the manufacture of domestic refrigerators; and,  Production of energy efficient home refrigerators without making use of ozone depleting substances.

The proposed project would enable VDHC to compete more effectively in the heating market, supporting the development of heating supply at least cost while improving customer satisfaction. The project would also reduce the emissions of greenhouse gases from the Vilnius District Heating System through a targeted effort to remove the existing barriers to energy conservation. This would be achieved by means of expanding the market penetration of the building-level substation (BLS) technology and demand-side measures to a larger number of households while ensuring the full degree of ownership and operation of the substations by the homeowners.

(a) identify and hire project coordinator/manager and establish the Lithuania Country Team for the Implementation of the UNFCCC as the Project Steering Committee; (b) review membership of the country team/steering committee to ensure adequate representation of relevant sectors; (c) prepare detailed workplan for project and identify institutions responsible for implementing the sub-components of the project; (d) hire international consultant to undertake project related tasks; (e) Review and finalise national inventory of ghg emissions taking into account the SEI comments; (f) organise and undertake mitigation analysis for relevant sectors; (g) formulate national ghg mitigation plan and present to Govt for consideration; (h) organise workshop to discuss results of project and finalise national ghg mitigation plan and agree on content of first national communication; (i) finalise national ghg mitigation plan; (j) Prepare First National Communication.

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