KYIV. June 23 (Interfax-Ukraine) – The Eastern European Energy Efficiency and Environment Partnership Fund (E5P) will allocate EUR 60 million for the implementation of energy efficiency projects in Ukraine.
“The E5P Board of Directors has approved the allocation of EUR 60 million,” E5P Fund Chairman Anders Lund said at a briefing in Kyiv on Wednesday.
He added that EUR 15 million will be spent on the implementation of the IQ Energy program, which is aimed at making residential houses more energy efficient.
Lund noted that the program is designed until 2019, but may be extended.
As reported, the European Bank for Reconstruction and Development (EBRD) intends to provide EUR 75 million to Ukraine for Ukraine Residential Energy Efficiency Financing Facility (IQ Energy) program.
