Abstract
Abstract Most drivers have been blindsided on the road when the car next to them is not visible neither in the side mirror nor when turning their heads to the side. Blind spots like these can also arise during economic development forecasting and developing political documents. Previous experience suggests that in previous energy and climate policy documents, the impact assessment of measures in many countries was not effective, as state aid instruments did not consider the blind spots faced by national economies in the post-support phase. Blind spots are problems and situations that the energy sector has to face unexpectedly. This paper presents a methodology for the impact analysis of energy policy instruments, including identification of previously unexpected problems – blind spots. The developed methodology is based on the analysis of energy sector legislation and literature on implementation of energy policies, as well as an assessment of financial support instruments in Latvia. Overall, this paper gives an insight into the importance of energy sector policies evaluation and proposes ways to avoid blind spots in the future using the developed methodology.
Highlights
Energy in all its life cycle parts and specific diversity is one of the main parts of the climate change domain
Each competition group and project have set the aim of approved CO2 emission reduction, which is controlled by regular monitoring reports
Three historical financing support mechanisms assessment demonstrated that information of climate change financial instrument (CCFI) is well-collected and understandable, which depends on the management side
Summary
Energy in all its life cycle parts and specific diversity is one of the main parts of the climate change domain. Sustainable development is linked to successful implementation of environmental policies; it is important to make evaluation of the policies, including the assessment of the financial support instruments [1], [2]. Most drivers have been blindsided on the road when the car next to them is neither visible in the side mirror, nor when turning their heads to the side. Energy policies are made on different planning levels: local, national, and global. It is significant to evaluate policy implementation process on all planning levels and to make more targeted policies in the future based on the obtained results [3]
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
