The Project aims to develop and demonstrate innovative policy and technical assistance packages and support development of performance-based financing mechanisms to increase investment in climate technologies in Ukraine. The Project will aim to contribute to achieving an energy efficient economy and increased energy security in Ukraine, while improving its energy self-sufficiency, in line with Ukraine 2030 Strategy.

Project Details

GEF Project ID
6942
Country
Ukraine
Implementing Agencies
European Bank for Reconstruction and Development
Approval FY
2015
Status
Project Approved
Region
Europe and Central Asia
GEF Period
GEF - 6
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
45,150,000
GEF Project Grant
7,000,000
GEF Agency Fees
665,000

Timeline

Received by GEF
11 Aug 2014
Concept Approved
30 Oct 2014
Project Approved for Implementation
16 Sep 2015