The World Bank will allocate an additional $116 million to restore heating systems and support the energy resilience of seven Ukrainian cities whose...
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- ENG.UATV.UA - A La Une - 20/Jul 10:22
Luxembourg transfers EUR 10M to Ukraine Energy Support Fund
Luxembourg’s total contribution to the Ukraine Energy Support Fund has increased by EUR 10 million. The relevant statement was made by the Ukrainian Energy Ministry, an Ukrinform correspondent reports. “The Government of Luxembourg has officially increased its contribution to the Ukraine Energy Support Fund to EUR 12 million, with an additional EUR 10 million already received and fully available in the Fund’s special account,” the report states. Overall, the Ukraine Energy Support Fund has already mobilized over EUR 1.16 billion from more than 33 donors. Currently, over 790 contracts have been signed with more than 50 companies for the supply of equipment and materials for Ukrainian power engineers. At the same time, the Energy Community Secretariat, which administers the Fund, urges donors to increase their contributions, as the current gap in funding between the available resources and priority needs amounts to about EUR 617 million. A reminder that, in 2024, the Ukraine Energy Support Fund signed 448 contracts for the supply of power equipment, totaling EUR 430 million. Read also: Russia plans to intensify hybrid pressure on Baltic states — Center for Countering Disinformation The post Luxembourg transfers EUR 10M to Ukraine Energy Support Fund appeared first on Freedom.
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