Finland to grant EUR 4,5 million in additional support to help Ukraine’s energy sector

Finland to grant EUR 4,5 million in additional support to help Ukraine’s energy sector
# 08 December 2022 17:16 (UTC +04:00)

Finland will grant EUR 4,5 mln in additional support to help Ukraine’s energy sector, APA reports citing Valtioneuvosto.

The support will be used to address acute energy needs in schools, early education centres and hospitals and to develop the country’s energy efficiency in the longer term.

“Ukraine’s most urgent needs are now associated with securing housing and energy supply. Finland’s additional support will make life easier for ordinary people and help them prepare for winter,” said Minister for Development Cooperation and Foreign Trade Ville Skinnari.

Finland will be allocating EUR 4,5 mln in additional support through the Eastern Europe Energy Efficiency and Environment Partnership (E5P). Since 2010, the E5P has been supporting local government projects in the fields of energy efficiency and energy security. Following Russia’s invasion of Ukraine, E5P projects have been adapted to better meet the urgent needs created by the war.

Finland’s additional support will be used to secure energy supply in schools, early education centres and hospitals, among other things. Back-up generators will be supplied to 24 schools and early education centres and to their bomb shelters in the city of Dnipro with nearly one million inhabitants to ensure they have heating and lighting during power cuts. In Kyiv, the energy performance of schools and early education centres will be improved to help stabilise the city’s energy supply situation.

“In addition, we will be working to improve Ukraine’s energy efficiency, for example, by developing district heating, waste management and energy-efficient public transport,” said Minister Skinnari.

Ukraine is one of the most energy-intensive countries per capita, and it needs significant investments to modernise its infrastructure, to increase its energy efficiency and to promote the use of renewable energy sources.

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