The European Bank for Reconstruction and Development (EBRD) plans to allocate approximately €1 billion this year to support Ukraine in rebuilding its power sector and enhancing energy resilience, Reuters reported on Wednesday, citing EBRD Vice President Matteo Patrone.
EBRD to provide €1 billion to Ukraine's energy sector in 2025
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Dozens of banks in Ukraine have approved a combined 10 billion hryvnias ($240 million) in financing of energy solutions to help the country sustain the constant attacks on its grid since signing a voluntary accord on energy resilience months ago, a senior banker said. "The banks, maybe more than
Japan and Sweden-funded autotransformers arrive in Ukraine for Ukrenergo
Three high-power autotransformers, two funded by Japan and one by Sweden, have been delivered to Ukraine's state-run energy transmission system operator Ukrenergo, the United Nations Development Programme (UNDP) said on Tuesday.
Deal on installing small modular reactors at Chernobyl Exclusion Zone expected soon, says Ukraine's agency head
The State Agency of Ukraine for the Management of the Exclusion Zone and the state-owned operator of Ukraine's nuclear power plants, Energoatom, are expected to soon sign a deal to start installing small modular reactors at Chernobyl Exclusion Zone, said the head of the agency, Hryhoriy Ishchenko.
France pledges €10 million for EBRD's Chernobyl restoration account
France has pledged to provide €10 million for the International Chernobyl Cooperation Account, managed by the European Bank for Reconstruction and Development (EBRD), to help restore safety at the site.
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War-related pollution threatens drinking water in southern Ukraine, study finds
Military activity has significantly degraded surface water quality in Ukraine's Dnipropetrovsk region, raising concerns that key rivers and canals used for drinking water and irrigation could become unsafe for human consumption, according to new research. A study by a group of Ukrainian scientists found an increase in concentrations
Ukraine deeply integrated with EU but missing higher-value industrial opportunities - UNIDO
Ukraine is already closely connected to the European Union's economy, research community, and industrial sector, but it is not yet getting the full benefit of those ties, according to a recent report by the United Nations Industrial Development Organization (UNIDO). The study found that the EU accounts for
Ukraine, Switzerland launch local recovery governance project
Ukraine's finance ministry and Switzerland's State Secretariat for Economic Affairs (SECO) have signed a memorandum of understanding to launch the Fiscal Governance for Local Reconstruction and Recovery (FG4R) project. The four-year initiative aims to strengthen public financial management at national and local levels to support
Ukraine receives €236 million loan under World Bank's PEACE project
Ukraine has received €236 million in loan financing under the World Bank's Public Expenditures for Administrative Capacity Endurance (PEACE) project, Ukraine's finance ministry said. The funding was extended by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Swedish government, the finance