The MVOSZ Energy Efficiency and ESCO Platform has been accepted as a member of the Global ESCO Network

Our association is honored to have been accepted as a member of the Global ESCO Network, established by the United Nations, serving as the representative body for Hungarian energy efficiency service providers. Within the organization, we strive to represent the interests of the Hungarian energy efficiency service providers to the best of our knowledge and assist our members in joining the international ESCO network.

Global ESCO network

The vision of the Global ESCO Network is to be the global driver and inspire government actions for scaling up the contribution of ESCOs to the global response for mitigating the threat of climate change and the goals set out by the Paris Agreement.

To realize this, the Global ESCO Network’s mission is to add to and reinforce existing efforts of National and Regional ESCO Associations to promote increased activities by the ESCO Sector at a global scale.

To support the achievement of its vision and mission the Global ESCO Network has established seven practical work streams. These are at the same time topics of task forces, which are inviting contributions from affiliated ESCO associations:

1. Working for formal recognition of the ESCO sector as a pathway for countries to strengthen and achieve energy efficiency ambitions in their Nationally Determined Contributions (NDCs) under the Paris Agreement on Climate Change.

2. Supporting a better understanding within the finance sector of the value and validity of energy performance contracting, enabling investors to engage in the provision of financial resources that facilitates a decisive scale-up of the reach and depth of ESCO activities.

3. Documenting the benefits of applying ESCO principles in business and policy development through international mapping and benchmarking of framework conditions for successful operation of ESCOs and their achievement of material energy savings.

4. Actively promoting the establishment of ESCO associations and ESCO-related policies in countries where ESCOs are yet to establish a market foothold.

5. Widely disseminating knowledge related to best practices in policy and business development related to ESCOs, and raising awareness among policy makers of financially attractive models for energy efficiency improvements.

6. Acting as a platform for exchange of knowledge and experience among National and Regional ESCO Associations on all aspects of ESCO operation, aiming at distilling central issues to inform any of the above-mentioned activities.

7. Convening experts and operating a repository of authoritative literature and other sources of information in order to establish the Global ESCO Network as the go-to resource for any issue pertaining to ESCOs and their promotion as the central concept for implementing energy efficiency investments.

MVOSZ Energy Efficiency and ESCO Platform (HUNESCO)

The Platform gathers prominent national and international ESCO practitioners and companies actively involved in implementing and promoting the ESCO model in Hungary. It provides expert support to decision-makers in the field of energy efficiency, contributing to the development of an appropriate financing environment and support policies for the Hungarian ESCO market.

Read more: https://globalesconetwork.unepccc.org/the-hungarian-national-association-of-enterprise-developers-mvosz-joins-the-global-esco-network/