E5P grant to boost energy efficiency in Ukraine’s Dnipro
February 4, 2021

E5P grant to boost energy efficiency in Ukraine’s Dnipro

Patients and medical staff at clinics, as well as children attending kindergartens and schools in the Ukrainian city of Dnipro, are to enjoy better heating in their buildings thanks to funds provided by the European Bank for Reconstruction and Development (EBRD) and the Eastern Europe Energy Efficiency and Environment Partnership (E5P) fund, to which the European Union and Sweden are the largest contributors.

An E5P grant of €5.5 million complements a €25 million loan from the EBRD to the municipal energy management company Dniprovska Municipalna Energoservisna Kompanya.

The project builds on a previous joint pilot investment by the EBRD, the E5P and the Clean Technology Fund to the Dnipro municipal energy management company, which helped upgrade 33 schools and 48 kindergartens in the city.

With the help of the joint financing, close to 100 public buildings will be refurbished to improve their energy efficiency, introduce better heating systems and create a more comfortable environment for students, patients, teachers and doctors.

The E5P is a multi-donor and multi-IFI fund operational in all the Eastern Partnership countries. In Ukraine, it is supported by the European Union (the largest contributor), Sweden (the fund’s initiator and largest bilateral donor), Ukraine itself and other countries. E5P support for the country totals €137 million dedicated to municipal energy and environmental projects, mainly for energy efficiency in buildings and district heating rehabilitation.

The EBRD is the largest international financial investor in Ukraine. Since the start of its operations in the country in 1993, the Bank has provided almost €14.5 billion in financing across 489 projects.

Find out more

Press release

A helping hand: EU initiative to improve energy efficiency and money saving in Ukraine

How E5P incentivises root and branch energy reform in the Eastern Partner countries


Interested in the latest news and opportunities?

This website is managed by the EU-funded Regional Communication Programme for the Eastern Neighbourhood ('EU NEIGHBOURS east’), which complements and supports the communication of the Delegations of the European Union in the Eastern partner countries, and works under the guidance of the European Commission’s Directorate-General for Neighbourhood Policy and Enlargement Negotiations, and the European External Action Service. EU NEIGHBOURS east is implemented by a GOPA PACE-led consortium. It is part of the larger Neighbourhood Communication Programme (2020-2024) for the EU's Eastern and Southern Neighbourhood, which also includes 'EU NEIGHBOURS south’ project that runs the EU Neighbours portal.

The information on this site is subject to a Disclaimer and Protection of personal data. © European Union,