The TA for the R2E2 upgrade <p>The project will contribute towards the establishment of institutional and regulatory environment for promotion and effective monitoring of EE.</p><p>The project will aim&nbsp;&nbsp;at&nbsp;&nbsp;setting&nbsp;&nbsp;up&nbsp;&nbsp;the&nbsp;&nbsp;necessary&nbsp;&nbsp;systems&nbsp;&nbsp;for management&nbsp;and&nbsp;implementation&nbsp;of&nbsp;energy&nbsp;efficiency&nbsp;standards&nbsp;in&nbsp;public&nbsp;and&nbsp;residential sector, in&nbsp;line&nbsp;with&nbsp;CEPA&nbsp;implementation&nbsp;where&nbsp;the&nbsp;Armenian&nbsp;Government&nbsp;will continue&nbsp;to&nbsp;harmonise&nbsp;its&nbsp;national&nbsp;legislation&nbsp;in&nbsp;the&nbsp;energy&nbsp;sector&nbsp;with&nbsp;the&nbsp;EU acquis. Improved&nbsp;energy&nbsp;efficiency&nbsp;leading&nbsp;to&nbsp;more&nbsp;sustainable&nbsp;growth&nbsp;in energy&nbsp;demand will&nbsp;also contribute towards addressing Armenia¿s energy dependency and energy security.</p><p>The project will be in line with the EU and International Finance Institutions high level energy initiative, which aims to increase support for energy efficiency policies and investments in buildings, using a comprehensive approach that supports concrete policy actions and scales up sustainable investments.</p>