Friday, June 19, 2015

The Eastern Europe Energy Efficiency and Environmental Partnership (E5P) will invest in energy efficiency of Ukrainian buildings


The announcement was made by Е5Р Manager Anders Lund at a meeting with  Chairman of The State Agency on Energy Efficiency and Energy Saving Serhiy Savchuk, where the sides discussed the possible ways of extending government support to modernize heating efficiency of public buildings.


The E5P's 9th Steering Group meeting  took place in Kiev on 2 June 2015 to check the
progress with projects under implementation and considered new proposals for E5P co-financing. The Steering Group approved a new proposal by the EBRD to create a financing facility for energy efficiency measures in the residential sector of Ukraine, which will include both investment and technical assistance grants. Also, two new projects for energy efficiency measures in public buildings in Ivano-Frankivsk and in Chernivtsy  were approved by the Steering Group
E5P was created in 2009 as a EUR 170 million multi-donor fund managed by the EBRD and designed to promote energy efficiency investments in Ukraine and other Eastern Partnership countries.