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ARTICLE - Ukraine international partners support

Ukraine Energy Support Fund: contributions exceed EUR 390 million
Ministry of Energy of Ukraine,
13 December 2023 17:49
https://www.kmu.gov.ua/en/news/fond-pidtrymky-enerhetyky-ukrainy-obsiah-vneskiv-siahnuv-ponad-390-milioniv-ievro

International partners continue to contribute actively to the work of the Ukraine Energy Support Fund. In recent weeks, grant contributions to the Fund have come from Switzerland, Belgium, Germany and the United States Agency for International Development (USAID). In addition, the UK (over EUR 16 million) and Germany (over EUR 33 million in total) have announced their contributions. Denmark has also signed a grant agreement with the Energy Community Secretariat for a further grant contribution to the Fund of around EUR 7 million.

This brings the total amount of pledges to the Ukraine Energy Support Fund to EUR 390 million.

“The enemy keeps trying to attack Ukraine’s infrastructure. Our military and energy engineers are doing all they can to protect energy facilities. The Ukraine Energy Support Fund is being used to purchase equipment for our energy companies to restore electricity and heat supplies to consumers across the country as quickly as possible,” said Minister of Energy of Ukraine German Galushchenko.

It is worth noting that the Fund has already received EUR 229 million from 18 public and private sponsors from different countries. The rest of the amount consists of announced and formalized contributions that are expected to be received in the near future.

The Ministry of Energy has a working group for the organization of humanitarian aid in the energy sector, which deals with requests from fuel and energy companies for the necessary equipment. The procurement of such equipment is carried out by the United States Agency for International Development (USAID) in accordance with international standards of transparency. Procurement contracts worth nearly EUR 114 million have already been signed as part of the Fund’s implementation.