The Ukraine Energy Support Fund received a grant of CHF 10.000.000 from the Swiss State Secretariat for Economy Affairs (SECO). This contribution further strengthens the Fund's mission to support Ukraine's energy sector and enhance its emergency preparedness.
The CHF 10 million grant is of vital importance as it will enable Ukraine to purchase urgently needed equipment for the energy sector and prepare for the upcoming winter season, ensuring that the energy sector remains operational despite the challenges caused by Russia's full-scale invasion.
The latest grant brings the total pledges received by the Ukraine Energy Support Fund to €285 million. Of this amount, €192 million has already been deposited into the Special Purpose Account, demonstrating a strong commitment to the Fund's mission.
The Ukraine Energy Support Fund was established with the objective of providing financial assistance to repair Ukraine’s critical energy infrastructure damaged by Russian attacks and ensuring the continued functionality of the energy sector. It is managed by the Energy Community Secretariat, with contributions from governments, international organizations, and corporate donors.