• Українською
  • European Commission will support financially the establishment of Energy Efficiency Fund - telephone conversation of PM with Vice-President of the European Commission
    posted 31 August 2017 17:34

    Prime Minister of Ukraine Volodymyr Groysman held a telephone conversation with Vice-President of the European Commission Maroš Šefčovič. The interlocutors discussed the creation of the Energy Efficiency Fund and some aspects of providing financial assistance for Ukrainian reforms.

    The Head of Government recalled that in June the Verkhovna Rada of Ukraine adopted three bills, which address energy resources accounting, introduction of mechanisms and technologies for economy and efficient use of energy, and also directly relate to the functioning of the Energy Efficiency Fund. In September, articles of association of the Fund and the provisions of its Supervisory Board are expected to be approved. Members of the Supervisory Board will be selected in a separate competition, to which, on the proposal of Volodymyr Groysman, representatives of the EU and international financial organizations will be engaged.

    "We highly appreciate the previous decision of the European Commission on allocation of 50 million euros to support the establishment of the Energy Efficiency Fund and  we count on the completion of all negotiation formalities by the end of the year. I can assure that the Government will continue reforms in the field of energy efficiency, so that next year we could receive additional financial aid of the EU to the tune of 50 million euros», stressed Volodymyr Groysman.

    He also expressed gratitude to the other actors, namely the Government of Germany, the International Finance Corporation and the World Bank in the financing of the Energy Efficiency Fund.