On 2 June, the European Investment Bank (EIB) and the Ministry of Communities and Territories Development of Ukraine signed a cooperation agreement on advisory services to support the preparation of Ukraine’s ‘Public buildings energy efficiency’ project. The project aims to increase energy efficiency in 1,000 buildings (mainly preschools, hospitals and schools), save more than 1 million tonnes of CO2 emissions and benefit 2.5 million people in Ukraine. In addition, by including COVID-19 safety measures, the project will also improve the medium- and long-term pandemic resilience of public buildings, with a special focus on hospitals.

The advisory services will address the main sectoral issues, namely the lack of long-term funds for small- and medium-sized Ukrainian municipalities, as well as the lack of support throughout the entire energy efficiency sub-project cycle (including design review, procurement, contract administration, monitoring and supervision of construction, commissioning, testing and acceptance).

Jean-Eric de Zagon, Head of the EIB Representation in Ukraine, said: “The project will improve the living conditions of Ukrainians, lead to significant energy savings with positive impacts on climate change, and reduce heating costs and Ukraine’s dependency on energy imports.”

The cooperation includes a €150,000 donation by the Eastern Partnership Technical Assistance Trust Fund. It is also expected to be co-financed by an EIB loan of €300 million and substantial grant contributions from the Eastern Europe Energy Efficiency and Environmental Partnership Fund and the EU.

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EU4Energy programme