The Nordic Environment Finance Corporation (NEFCO) has already completed 30 projects under the Green Recovery of Ukraine program, created in response to Russia’s aggression in 2022, NEFCO Investment Advisor Yulia Shevchuk said in an interview withInterfax-Ukraine.
“We are actively working under this program. It now covers more than 60 projects, and several more are under development. Despite the war, we have already managed to complete 30 projects. The main areas of our work are improving the energy efficiency of public sector buildings, reconstruction and construction of new housing for internally displaced persons, as well as projects related to critical infrastructure. We work in the areas of water supply, heat supply, and waste management, contributing to their modernization and sustainable development,” Shevchuk said.
In total, NEFCO has managed to raise more than EUR 330 million for the green recovery program. Of this amount, approximately two-thirds was provided by the European Union, one-third by NEFCO’s founders, the Nordic countries (Denmark, Norway, Sweden, Finland), as well as the Eastern Europe Energy Efficiency and Environment Partnership (E5P) and the Nordic Environmental Development Fund (NMF).
