KYIV, Dec 5 – The German Federal Ministry of Economic Affairs and Climate Protection (BMWK), the European Investment Bank (EIB) and the Ministry of Restoration of Ukraine have agreed to sign a grant worth EUR 20 million for the Renewable Energy Solution Program (RES).

The grant, announced during COP28, is being provided by the International Climate Initiative (IKI) to EIB Global IKI Fund, created in partnership with the German government to promote green investments, the bank's website said on Tuesday.