The EIB and UNDP have signed a €2 million agreement funded by the multi-donor E5P Fund to assist Ukrainian cities in implementing a €300 million EIB energy efficiency framework loan.
This assistance — carried out by UNDP — will contribute to improving the energy efficiency of public buildings, repairing war damage and adapting buildings to host internally displaced people.
Under the agreement, UNDP and the EIB will strengthen the capacity of Ukrainian local governance — approximately 300 Ukrainian municipalities, local state administrations, bodies of local self-government and communal enterprises — and make sure sub-projects are constructed rapidly. In particular, UNDP will support Ukrainian municipalities during all phases of the sub-project cycle, including the review of energy audits, technical design, tender documents, procurement, and sanctions screening.
The agreement was signed in Berlin during the International Expert Conference on the Recovery, Reconstruction and Modernisation of Ukraine.
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