KYIV. Oct 19 (Interfax-Ukraine) – The State Energy Efficiency Fund will start work in April 2017, Deputy Prime Minister, Minister of Regional Development, Construction, Housing and Utilities Services Hennadiy Zubko has said.
“First of all, we have the task by the end of the year [2016] to adopt legislative framework for the fund. We believe the fund can start absolutely active operations from April 1, 2017 when the heating season is over,” Zubko said at the forum “Energy Independence. Establishing Energy Efficiency Fund” in Kyiv.
According to him, the draft law on the Energy Efficiency Fund has been developed and is now to be considered and approved by the Cabinet of Ministers of Ukraine. In addition, the deputy premier emphasized the importance of passing bills by the Ukrainian parliament on housing and utilities services, on the commercial accounting of housing and utility services and on the energy efficiency of buildings that are needed to run the fund.
According to Zubko, the bill on the energy fund will be constantly monitored by international partners, including representatives of the European Union and the government of Germany, which will participate in financing the fund.
