chapter 3 hungary the contribution of energy saving credit lines to greenhouse gas emissions reduction during transition period in ferenc laczó ph d 1 introduction aim this study purpose is describe three mechanisms for encouraging improvements efficiency implemented since 1990s fund escf program escp and co financing scheme eecfs assess their relative s overall progress toward reducing ghg from socialist rule these programs are financed partly national government budgets by foreign funders they involve a wide range sectors including business organizations public services owned local self governments or citizen associations residential communities although participants appear have been motivated chiefly economic benefits offered conservation achieved significant reductions provide experience applicable other economies trends hungarian consumption use well below norm western europe but compares favorably that its