According to Deputy Prime Minister Hennadiy Zubko, the German government is ready to contribute about EUR 200 million to energy efficiency fund, which is being created by Ukraine to raise assets from international financial organizations for projects to boost energy efficiency in Ukraine. The International Financial Corporation, the European Investment Bank and the World Bank are among other potential fund's donors. Ukrainian side considers its financial participation by capitalization of fund at the expense of money left after the payment of subsidies allocated for the compensation of households' housing and utilities costs due to the implementation of energy efficiency and energy saving technologies. Ukrainian government is also in talks on raising money from banks which participate in national program for partial reimbursement of interest rates on loans allocated to support energy efficiency. Read more at http://en.interfax.com.ua
