On 21 March, the Board of Directors of the European Investment Bank (EIB) approved €5.5 billion of new financing to spur business investment, harness clean energy, upgrade schools, expand sustainable transport and fight forest fires.
This also includes €230 million financing to rebuild war-damaged homes across Ukraine.
The EIB Board agreed new support for the repair and rehabilitation of more than 11,500 war-damaged apartments across Ukraine as part of the continuous support for the Ukrainian Government’s National Recovery Plan and in line with the EU for Ukraine (EU4U) Initiative.
The funding will be used to repair war-damaged buildings so that people can return to their homes, reduce fuel costs and improve energy efficiency, and modernise housing for internally displaced persons.
The initiative is coordinated with the World Bank and the German Organisation for International Cooperation (GIZ).
Find out more
News
-
Digital hub in Zaporizhzhia: what opportunities and EU support local businesses receive
-
Three Ukrainian vocational education and training colleges set to receive more than €24 million in EU-backed financing for new centres of vocational excellence
-
Strategic Thinking, Sustainable Development, and Integrity: How EU Municipalities Are Helping Ukraine Integrate into the EU
-
EU-Supported Narrow-Gauge Railway Station Museum Under Construction in Prykarpattia
-
Kyiv puts 85 new buses into service with EU support, improving daily travel for residents
-
European Investment Bank allocates €60 million for border infrastructure modernisation