The European Union and the United Nations Economic Commission for Europe (UNECE)’s support to sustainable energy in Ukraine was discussed during the 9th International Forum on Energy for Sustainable Development (IFESD) in Kyiv in November.

The event discussed the concrete steps being taken to increase private investment in energy efficiency and renewable energy sources in Ukraine.

In particular, the EU's External Investment Plan, approved in September 2017, includes innovative financial instruments with a focus on loans and guarantees that lower investment risks for private sector participation.

Experts view the launching of the EU-supported multi-donor Energy Efficiency Fund in Ukraine as an efficient instrument to contribute towards tackling energy poverty. Owing to insufficient and deficient thermal insulation in most residential buildings, household heating consumption and bills are very high. Thus, thermal renovation of such buildings, to be financed by Ukraine’s Energy Efficiency Fund, will decrease heating bills for residents.

Find out more

Official Forum site

EU4Energy Programme