EBRD improves energy efficiency of public buildings in Ukraine

The city of Kremenchuk in central Ukraine is the first municipality in the country to receive funds from the EBRD’s Public Sector Energy Efficiency Financing Framework (PSEEF) approved on 13 December 2017, which consists of €100 million of EBRD financing and €15 million of the concessional co-financing from the Clean Technology Fund (CTF). More than half of Kremenchuk’s public buildings, including kindergartens, schools and hospitals will undergo important energy efficiency improvements as a result of the project.