The Paper has been prepared under the UNIDO project on the “First Regional Conference on Sustainable Industrial Development: Promoting Sustainable Energy Solutions and Clean Technologies in CIS Countries”. Based on the proceedings of the First Regional Conference on Sustainable Industrial Development, the findings of this report suggest that policy-makers have to address prevailing barriers, including issues of limited access to finance, review existing procedures and address limited institutional capacities. At the same time, it should be considered useful to investigate different financing options, including cooperation with international organisations, which may provide funds to support innovative demonstration projects.