The Energy Efficiency Fund of Ukraine has received significant funding of €18 million from the European Union and the International Climate Initiative of the German government. The funds are directed towards both investment projects and technical assistance, which will help strengthen the country’s energy independence and implement environmentally friendly technologies in the recovery process.
This is reported by Business • Media
Grants for Housing Recovery and Energy Efficiency Improvement
The Energy Efficiency Fund, which has already received €104 million from the EU, as well as support from Germany through the IFC trust fund, is implementing two large-scale programs for associations of co-owners of apartment buildings. The first program, VidnovyDIM, provides grants and assistance for the repair of housing damaged due to military actions. The second initiative, EnergoDIM, focuses on comprehensive thermal modernization of buildings, significantly enhancing their energy efficiency. A total of 1,500 projects have already been implemented, resulting in annual energy savings equivalent to the consumption of the city of Chernivtsi.
Germany – A Leader Among Donors for the Recovery of Ukraine’s Energy Sector
In addition, through the Energy Support Fund, German partners have provided Ukraine with nearly €385 million, accounting for over a third of all contributions to the fund. In particular, with more than €127 million from Germany, six gas turbine units with a total capacity of 156 MW have been purchased. The installation of these units has been carried out at the facilities of the Gas Transmission System Operator of Ukraine.
The EEF, supported by the EU (€104 million) and Germany through the trust fund managed by the IFC, is implementing two flagship programs for housing owners’ associations: VidnovyDIM offers grants and technical assistance for the repair of residential buildings damaged during the war; EnergoDIM provides funding for comprehensive thermal modernization of buildings. To date, 1,500 projects have already been implemented under the fund. Currently, the initiative saves as much energy annually as a city like Chernivtsi consumes.