This publication aims to identify existing barriers to energy efficiency policy implementation and to provide recommendations to policymakers for reforms that can support market formation and foster favourable climate for investments in energy efficiency. It develops a benchmark that should serve as a reference point for policymakers and energy experts working in the field of energy efficiency. This benchmark is a synthesis of policy incentives that should be in place in order to stimulate and ensure successful energy efficiency policy outcomes. The desired policies are divided into three groups: 1) legal, institutional and regulatory; 2) economic and financial; and 3) socio-political. A set of these policies in place at a sufficient degree in a particular country is a basis for successful formulation and implementation of energy efficiency policies and related projects.