Administration Agreement between the European Commission and the International Finance Corporation concerning the Energy Efficiency Support Program for Ukraine – EE4U Multi-Donor Trust Funds

Project Description
The Government of Ukraine has established the Energy Efficiency Fund (EEF) to support energy efficient (EE) modernization of Ukraine’s residential housing stock. The EEF is funded by the Government of Ukraine and will provide grants to homeowners of multi-family buildings to perform EE retrofits in their buildings. To support the Government of Ukraine, the European Union and the Federal Republic of Germany have contributed EUR 100 million into an IFC-managed multi-donor trust fund (MDTF) to provide grant assistance to HOAs to co-finance the implementation of energy efficiency measures in multi-family buildings.
Specific Objective
Specific objective is to bring Ukraine up to European levels of energy efficiency by reducing the level of energy consumption and СО2 emissions in the residential sector, thus achieving a decrease in the adverse impact on the environment.
Expected Results
Funded by the EU, the Project’s objective is to facilitate US$235 million in investment, including bank loans, into energy efficient renovation of multi-family buildings in Ukraine by 2023. These investments are expected to result in energy efficiency improvements and direct emissions reductions of about 490,000 tons of CO2 per year.
Project map
Photo gallery
Priority Area:
Partnership that greens
Energy & energy efficiency
Project Status:
Start Date:
End Date:
EU Project Number:

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,