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Cabinet OKs draft agreement with EC on energy efficiency program financing
Journal Staff Report

KYIV, April 4 - The Cabinet of Ministers at a meeting on Wednesday adopted a draft resolution on signing an agreement with the European Commission (EC) on financing the program for support of energy efficiency in Ukraine - EE4U for a period of seven years.

"The adoption of the draft resolution will create legal grounds for signing an agreement on financing EE4U program for Ukraine with the purpose of financing EC activities aimed at promoting energy efficiency in the residential sector of Ukraine, reducing carbon dioxide emissions and providing assistance to individual households or groups of households in implementing investments in the energy efficiency of their homes for a total of EUR 268 million," the explanatory note to the document states.




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