The EIB, E5P partner to support the energy efficiency of public buildings in Ukraine

The European Investment Bank (EIB), the E5P multi-donor fund and the Ukrainian Ministry of Community and Territory Development have reached new agreements to further support the implementation of the Ukrainian project for energy efficiency in public buildings (UPBEE) . The cooperation signed today includes a € 4 million grant from the Eastern European Multi-Donor Energy Efficiency and Environment Partnership (E5P) for technical assistance and investment grants, as well as technical assistance support of € 4 million from the EU Neighborhood Investment Platform (PIN). Another EUR 1 million investment grant from the EU NIP will be signed in the coming weeks. These grants will facilitate the proper preparation and implementation of a previous EUR 300 million framework loan from the EIB aimed at increasing the energy efficiency of 1,000 public buildings, including hospitals, schools, cultural centers. and kindergartens.

The loan will allow structures to be renovated, including installing modern equipment, modernizing heating, ventilation and lighting systems, renovating exterior surfaces, etc. This will make it possible to sustainably reduce the energy bill of municipalities and improve the quality of public services. More importantly, the project is expected to have a positive impact on the comfort of the 2.5 million people visiting the buildings and save over 1 million tonnes of CO2 for the good of the climate. Modernizing the energy efficiency of public facilities, especially hospitals, will strengthen resistance to the COVID-19 pandemic and promote future resilience.

Municipalities and other interested public entities in Ukraine will be able to submit their energy retrofit proposals from December 2021. Central government bodies, local state administrations, bodies of local self-government and public and municipal enterprises other than private companies from all regions of Ukraine are eligible.

Oleksiy Chernyshov, Ukrainian Minister for Community and Territorial Development, said: “Energy efficiency is an integral part of regional development for years to come. I am sincerely grateful to the EU and the E5P multi-donor fund for the financial support given to the implementation of a EUR 300 million EIB framework loan for energy efficiency in public buildings. I am convinced that the agreements signed today are an important step towards Ukraine’s energy independence. “

Vasyl Lozinskyi, Ukrainian First Deputy Minister for Community and Territorial Development, said: “I am grateful to our partners for their support. The project will allow us to increase the energy efficiency of around 1,000 public buildings, including schools, cultural centers, kindergartens and hospitals, reduce energy consumption and CO2 emissions, improve energy savings and the quality of life of local residents. “

Louise Morsing, Deputy Head of Mission at the Swedish Embassy in Ukraine, said: “Sweden is the initiator of the E5P concept and over the years has contributed more than 40 million euros to the E5P Fund in Ukraine. These funds aim to support energy efficiency. projects in Ukraine that reduce energy consumption, improve the living and working conditions of citizens and contribute globally to global efforts, including our commitment to the 2030 Agenda for Sustainable Development to reduce greenhouse gas emissions greenhouse to minimize the impacts of climate change. as a flagship initiative to mobilize financial resources for the green and climate-friendly transition of municipalities in Ukraine and throughout the Eastern Partnership region. “

The Head of Cooperation at the European Union Delegation to Ukraine, Frederik Coene, said: “The EU actively supports energy efficiency efforts in Ukraine in several ways, directly, through the EU PIN or via E5P. With the agreements signed today and the upcoming investment of one million euros. subsidy, the EU will help Ukraine take a big step forward towards the implementation of an ambitious energy efficiency project. About 300 Ukrainian small and medium-sized municipalities will benefit from this project, which will improve the lives of the 2.5 million people using the buildings: population of all ages, students, teachers, patients, medical staff working in a safe and healthy environment. “

Jean-Erik de Zagon, Head of EIB Representation in Ukraine, said: “Energy efficiency plays a central role in tackling climate change which is high on the EIB’s priority list. By signing these two new agreements, we are delighted to further promote and support the energy renovation of public buildings in Ukraine. Together with the EU, acting through the NIP fund, and the E5P fund donors, we are sure that by supporting better energy performance, reduced CO2 emissions and sustainable urban development, we will together contribute to a better environment and better living conditions for the population. “

Adonai Herrera-Martínez, Director of Environment Funds at EBRD / E5P, said: “E5P donors have particularly supported the energy efficiency program for Ukraine given its priority focus on strengthening energy efficiency. capacities at central and municipal levels. of this large-scale program and similar investments in the future. E5P contributions of € 4 million will provide both technical assistance and investment grants for energy efficiency measures in hospital buildings, reflecting the Fund’s focus on a post-COVID green pandemic -19 recovery. “

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