Government of Ukraine plans to allocate UAH 2 bln for energy efficiency next year

Government of Ukraine plans to allocate UAH 2 bln for energy efficiency next year

Ukrinform
The Government of Ukraine plans to allocate a total of UAH 2 billion (about $70 million) for energy efficiency next year. 

“We are building an energy-independent state. To achieve this goal, we need to increase our own production and reduce fuel consumption. Therefore, the government pays considerable attention to funding of the energy-efficient projects in the state budget for 2019. We will allocate a total of UAH 2 billion for energy efficiency next year,” Prime Minister of Ukraine Volodymyr Groysman posted on Facebook.

In particular, UAH 1.6 billion is budgeted for a new Energy Efficiency Fund, while UAH 400 million will be allocated for the “warm loans” program to simplify purchase of energy-saving equipment for citizens and apartment owners associations.

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