Today's Coordinating Council of Donors of the Energy Efficiency Fund is a true brainstorming of a single team of international partners, the Ministry of Regional Development, Construction, Housing and Communal Services and the Energy Efficiency Fund, which combined their efforts to pursue the energy efficiency reform and launch the Fund. Deputy Prime Minister, Minister of Regional Development, Construction, Housing and Communal Services of Ukraine Hennadii Zubko announced on the outcomes of the meeting.

"We have shaped a detailed grant policy of the Fund. Among the key issues are as follows: the final beneficiaries of grants are co-owners of multi-apartment buildings. Grants will be provided to condominiums in the amount of 40% of the costs of measures within the framework of package "A" and 50% for the "B" package. For the first 300 applications from condominiums - an additional grant of 20%. With time, there will also be an opportunity to provide additional grants of 20% for the "B" package for condominiums, in which at least half of the co-owners are subsidy beneficiaries", said Hennadii Zubko.

The official stressed that the First Fruit program, involving 15 condominiums from different regions of Ukraine, proved to be successful and very useful for testing all procedures of the Fund. Currently, all 15 projects have undergone energy audits.

"The signing of the agreement between the Energy Efficiency Fund and IFC for the full launch of the Fund, taking into account the grant policy, is scheduled for early July. I thank our international partners for the rather positive assessment of the Ministry of Regional Development, Construction, Housing and Communal Services team in implementing the energy efficiency reform and the results we have already achieved. I am sincerely grateful for the cooperation and assistance to all the programs. Certainly, we aren’t going to stop and won’t abandon the energy efficiency reform, despite political turbulence", said the Vice Prime Minister.