A wide range of private stakeholders could find commercial interest in the provision of such capital, assuming a conducive political and economic enabling environment, such as energy distribution companies, energy service companies (ESCOs) suppliers of energy efficient materials, and commercial lending services. However, models that mobilize private sector finance for building retrofit have proved difficult to implement in countries worldwide, with the situation in Georgia particularly challenging, due largely to several existing private investment barriers. Key among these is the lack of an adequate legal framework for energy efficiency investments and implementation. In addition, high interest rates and limited delivery of low-cost credit lines from public and private banks have posed challenges.