More than 30,000 Ukrainian households have benefitted from the European Bank for Reconstruction and Development’s (EBRD) energy efficiency programme.
The Residential Energy Efficiency Financing Facility has now invested a total of UAH1 billion (£27m) into energy-efficient home improvements – this has enabled homeowners to take out loans, with many expected to qualify for partial investment grants.
The facility is supported by €15 million (£13.5m) in funding from the Eastern Europe Energy Efficiency and Environment Partnership, to which the EU is the largest contributor.
Ukraine’s residential sector is responsible for over a third of the country’s energy consumption, with many of its soviet-era buildings having significant potential to be made warmer and more efficient.
More than 70% of completed home improvement projects have used domestic-made products such as double-glazed windows or boilers.
Source: Energy Live News