1. Volumes and Sources of Financing EE and RE programs in Belarus Inna Gritsenko

2. National Programs Target program for 25% of local fuels in energy balance till 2012 (CM Decree #1680 dated 30.12.2004) Target program for 25% of local fuels in energy balance till 2012 (CM Decree #1680 dated 30.12.2004) State program of Energy System Modernization in 2006 – 2010 (President’s Decree #575 dated 15.11.2007) State program of Energy System Modernization in 2006 – 2010 (President’s Decree #575 dated 15.11.2007) State Energy Efficiency Program State Energy Efficiency Program

3. Volumes and Sources of Financing Sources of Financing 2006-2010 US$ million % Own funds 255046 Minenergo Innovation Fund 2484,5 Other Innovation Funds 120421,7 State and local budget 82515 Loans70812,8 Total5535100

4. Financing breakdown 2006 - $US 599,95 mill. 2006 - $US 599,95 mill. 2007 - $US 774-802 mill. 2007 - $US 774-802 mill. 2008 - $US 960-1150 mill. 2008 - $US 960-1150 mill. 2009 - $US 1260-1500 mill. 2009 - $US 1260-1500 mill. 2010 - $US 1606-1798 mill. 2010 - $US 1606-1798 mill. Total – $US 5200 – 5850 mill. Total – $US 5200 – 5850 mill.

5. Actual Volumes of Financing in 2007 (9 months) Sources of Financing 2007 $US mill. PlanedActual Own funds 168184 MinEnergo Innovation Fund 40,25 Other Innovation Funds 18278 State and local budget 91101 Loans30,863 Total512432

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