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Green Investment Scheme: Experience and results in the Czech Republic

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  • Karásek, Jiří
  • Pavlica, Jaroslav

Abstract

The key goal of this study was to analyse application of the Green Investment Scheme in the Czech Republic through the Green Savings Programme finalising in 2015. The programme was evaluated in terms of aspects of both reduction effectiveness and economic aspects of the basic subsidy categories: (a) Insulation; (b) Low-Energy Houses; (c) Biomass Boilers; (d) Solar Thermal Systems and (e) Heat Pumps. The essential results of the programme were also covered, including the number of projects supported, the total volume of emission reduction and the volume of financial funding.

Suggested Citation

  • Karásek, Jiří & Pavlica, Jaroslav, 2016. "Green Investment Scheme: Experience and results in the Czech Republic," Energy Policy, Elsevier, vol. 90(C), pages 121-130.
    • Handle: RePEc:eee:enepol:v:90:y:2016:i:c:p:121-130
    DOI: 10.1016/j.enpol.2015.12.020
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    2. Peng, Benhong & Xu, Nanjie & Luo, Rong & Elahi, Ehsan & Wan, Anxia, 2024. "Promoting green investment behavior in “belt and road” energy projects: A quantum game approach," Technological Forecasting and Social Change, Elsevier, vol. 204(C).
    3. Liu, Liyun & Zhao, Zhenzhi & Zhang, Mingming & Zhou, Dequn, 2022. "Green investment efficiency in the Chinese energy sector: Overinvestment or underinvestment?," Energy Policy, Elsevier, vol. 160(C).
    4. Alberini, Anna & Bigano, Andrea & Ščasný, Milan & Zvěřinová, Iva, 2018. "Preferences for Energy Efficiency vs. Renewables: What Is the Willingness to Pay to Reduce CO2 Emissions?," Ecological Economics, Elsevier, vol. 144(C), pages 171-185.
    5. Luňáčková, Petra & Průša, Jan & Janda, Karel, 2017. "The merit order effect of Czech photovoltaic plants," Energy Policy, Elsevier, vol. 106(C), pages 138-147.
    6. Andreea Chițimiea & Mihaela Minciu & Andreea-Mariana Manta & Carmen Nadia Ciocoiu & Cristina Veith, 2021. "The Drivers of Green Investment: A Bibliometric and Systematic Review," Sustainability, MDPI, vol. 13(6), pages 1-25, March.
    7. Karásek, Jiří & Pojar, Jan, 2018. "Programme to reduce energy poverty in the Czech Republic," Energy Policy, Elsevier, vol. 115(C), pages 131-137.
    8. Gernego Iuliia & Urvantseva Svitlana & Sandulskyi Ruslan, 2022. "Green Investment Opportunities for Sustainable Agriculture," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 44(2), pages 185-194, June.
    9. Siyu Ren & Yu Hao & Haitao Wu, 2022. "How Does Green Investment Affect Environmental Pollution? Evidence from China," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 81(1), pages 25-51, January.
    10. Muhammad Atif Nawaz & Muhammad Sajjad Hussain & Altaf Hussain, 2021. "The Effects of Green Financial Development on Economic Growth in Pakistan," iRASD Journal of Economics, International Research Alliance for Sustainable Development (iRASD), vol. 3(3), pages 281-292, December.
    11. Shi, Jinyan & Yu, Conghui & Li, Yanxi & Wang, Tianhe, 2022. "Does green financial policy affect debt-financing cost of heavy-polluting enterprises? An empirical evidence based on Chinese pilot zones for green finance reform and innovations," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    12. Michaela Valentová & Jiří Karásek & Jaroslav Knápek, 2019. "Ex post evaluation of energy efficiency programs: Case study of Czech Green Investment Scheme," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 8(2), March.
    13. Kuriyama, Akihisa & Abe, Naoya, 2018. "Ex-post assessment of the Kyoto Protocol – quantification of CO2 mitigation impact in both Annex B and non-Annex B countries-," Applied Energy, Elsevier, vol. 220(C), pages 286-295.
    14. Frantál, Bohumil & Dvořák, Petr, 2022. "Reducing energy poverty in deprived regions or supporting new developments in metropolitan suburbs? Regional differences in the use of subsidies for home energy efficiency renovations," Energy Policy, Elsevier, vol. 171(C).
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