CYPGasTech 2018 CYPGasTech 2018_e-Booklet | Page 28

Ms Danai Oikonomakou Investment Coordinator Energy Charter Secretariat T: +32 27759839 M: +30 6938373169 E: [email protected] Ms Danai Oikonomakou is an Investment Coordinator in the Energy Charter Secretariat. Born in 1988, Ms Oikonomakou holds a Civil Engineer Diploma since 2010 and has worked in construction projects for five years. In 2017, she earned her Law Degree from the National and Kapodistrian University of Athens. She joined the Investment Unit of the Energy Charter Secretariat in January 2018, where she is part of the core analysis and drafting team of the Energy Investment Risk Assessment-EIRA report. "Energy Investment Risk Assessment - EIRA 2018" In a world where the energy landscape is rapidly changing, investment is crucial. However, governments and energy investors have to combat significant risks. Currently, not all critical investment risks in the energy sector are systematically and coherently examined. Some of these risks relate to the unpredictability of policy changes, discrimination between foreign investors and domestic players, and potential breach of State obligations. Providing practical tools for risk analysis and mitigation is essential for proper investment planning. All market actors need to be confident that the enabling environment for investment will remain attractive enough. Indeed, such concepts are also enshrined in the 1994 Energy Charter Treaty, which has remained – since its inception – the world’s leading investment treaty dedicated solely to the international energy sector. In light of the above, the Energy Charter Secretariat is pleased to introduce the Energy Investment Risk Assessment-EIRA. EIRA 2018 aims to assist both governments and investors in reducing the level of risk in the international energy sector and thereby unlocking investment for a sustainable energy future. EIRA addresses a set of specific policy, legal and regulatory risks, in the energy sector of the assessed countries, which can be managed and mitigated through effective decision-making. In this context, it acts as a benchmark for risk assessment and identification in the regulation underpinning the energy markets of select countries, as well as a confidence-building instrument which helps governments and investors reach a mutual understanding on investment policies.