ICF International Awarded Two New Contracts from the European Commission with a Combined Value of $12 Million
Firm to Support Kyoto Protocol Implementation, Build Capacity for Improving Energy Efficiency, and Mitigate Climate Change
London, United Kingdom, September 16, 2008 -
ICF International (NASDAQ:ICFI) announced today that its subsidiary, ICF Consulting, Ltd., won two separate multiple year contracts under the European Commission’s Technical Aid to the Commonwealth of Independent States (TACIS) program for a combined value of US$12 million. The work under the new contracts is designed to facilitate the implementation of energy efficiency frameworks and technologies, as well as build capacity toward adapting to and mitigating climate change in Russia and neighboring countries.
These projects are implemented by ICF and funded by the European Union. ICF’s role in the projects will include providing support for compliance with the Kyoto Protocol and the United Nations Framework Convention on Climate Change (UNFCCC) in countries such as Armenia, Azerbaijan, Belarus, Georgia, Moldova, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan, Uzbekistan, and Ukraine.
“ICF is uniquely positioned for this work because of our comprehensive expertise in energy efficiency and climate change and our long-term presence in Russia,” said Alexei Sankovski, ICF project director for both contracts.
ICF will additionally develop specific investment projects for the stimulation of energy efficiency measures and for the reduction of greenhouse gas (GHG) emissions in selected Russian regions. ICF also will assist regional and federal administrations in the production of a set of proposals for the development of a policy framework that will eventually allow the establishment of targets for GHG emissions in Russia’s regions.
About ICF International
ICF International (NASDAQ:ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, climate change, environment, transportation, social programs, health, defense, and emergency management markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,000 employees serve these clients worldwide. ICF’s Web site is www.icfi.com.
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