What is Armenia's energy-saving potential?

As Armenia’s largest energy-consuming sector, buildings account for nearly 40% of the country’s total electricity demand and more than 25% of its gas demand. Estimated energy-saving potential ranges from 40% to 60% across residential, public and commercial buildings, depending on interventions.

Does Armenia need a regulatory framework for building efficiency?

Nevertheless, Armenia must finish establishing a comprehensive regulatory framework for building efficiency that allows laws to be fully implemented and enforced. As with many other countries, Armenia has a mixture of market barriers and other issues to address before it can make its buildings sector more efficient.

Does Armenia have a good building stock?

Public and commercial buildings such as government buildings, schools, offices and shopping centres account for 12 15% of the country’s total building stock (Armstat, 2019; UNECE, 2017). Only 6% of Armenia’s total building stock is in “good” condition; 64% is “fair”; and 30% is “poor” (UNECE, 2015).

Does Armenia have a building-efficiency policy?

Armenia has made some progress towards developing a basic building-efficiency policy framework, and further efforts are underway, including as part of the Comprehensive Enhanced Partnership Agreement (CEPA) with the European Union.

Why is building efficiency important in Armenia?

While its gross domestic product (GDP) has increased significantly since 2012, Armenia continues to face economic and social challenges, including high rates of unemployment and poverty as well as substandard building infrastructure. These factors impact the success of policies and other initiatives to improve the efficiency of Armenia’s buildings.

Is Armenia a good place to build a house?

Only 6% of Armenia’s total building stock is in “good” condition; 64% is “fair”; and 30% is “poor” (UNECE, 2015). Around 75% of the MABs were built during the Soviet era between 1951 and 1990, and they lack proper insulation (HFH, 2020).