As part of the European Union’s efforts in Ukraine, the EIB, has come together with the EU Delegation to Ukraine and other partners to support the resilience of the country’s education sector. Within its Ukraine Solidarity Urgent Response package, the EIB is providing €10 million in EU guarantee-backed funds to enhance the energy efficiency of Ukrainian universities in the cities of Chernihiv, Ivano-Frankivsk, Kharkiv, Kyiv, Lutsk, Lviv, Odesa, Poltava, Rivne, Sumy, Uzhhorod and Vinnytsia.
- As part of the EIB’s Ukraine Solidarity Urgent Response package, a €10 million European Union-guaranteed loan is being directed towards energy efficiency upgrades at 16 universities across Ukraine
- Poltava National Technical University is the first to complete renovations of two educational buildings, improving sustainability and reducing energy consumption, with further upgrades underway
- As part of a separate €10 million grant provided by the Eastern Europe Energy Efficiency and Environment Partnership (E5P) Fund in support of this project, €3.25 million will be utilised to further advance the Ukraine Higher Education Project, supporting construction at Poltava University and other selected institutions
EIB Press-release (4 December 2024)
Background information: The Ukraine Higher Education project aims to enhance the energy efficiency of 16 Ukrainian universities by refurbishing teaching, research and supporting facilities. This effort supports the recovery of higher education infrastructure as part of the country’s broader reconstruction initiatives. Thermal refurbishments of 13 universities are funded by a €120 million loan from the EIB, with €50 million specifically reallocated to provide urgent support to Ukraine in 2022. The project is also co-financed by the Nordic Environment Finance Corporation (NEFCO) with loans to a total of €12 million for another three universities. In addition, six out of 16 participating universities will receive €10 million in grant funding through the Eastern Europe Energy Efficiency and Environment Partnership (E5P) Fund. To facilitate the project’s implementation, the European Commission also provided €3.15 million in technical assistance. This funding was used for project coordination, conducting energy audits, and preparing documentation and procurement according to international standards at the university level. The Ministry of Education and Science of Ukraine is coordinating the implementation of the project.
This news-feature is based on abriefed version of the press release from the EIB.