Energy Efficiency Fund can raise EUR 100 mln from partners in March – Zubko

Energy Efficiency Fund can raise EUR 100 mln from partners in March – Zubko

An agreement on provision of EUR 100 million to the Energy Efficiency Fund by the European partners can be signed in March.

Ukrainian Vice Prime Minister – Minister of Regional Development, Construction, Housing and Utilities Hennadiy Zubko said this at a government meeting, an Ukrinform correspondent reports.

"In March, we expect the signing of the agreement worth EUR 100 million from the European partners. We are interested not only in the amount of funds that we can attract but also in terms for cooperation. We speak about five years, during which we will have a technical and technological support," Zubko said.

According to him, the international partners will also monitor the issue of the Fund's Supervisory Board.

"IFC will accompany the process of cooperation with the multi-donor fund," Zubko said.


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