Ukraine Energy Support Fund receives additional €88.5M from Germany 

21 December 2023

The Ukraine Energy Support Fund has received additional grants amounting to €88.5 million from the German Federal government. The German Federal Ministry for Economic Affairs and Climate Action contributes €54,3 million (through KfW) and the German Federal Foreign Office contributes 34,2 Million Euros, reinforcing Germany’s dedication to support Ukraine's energy sector. This contribution builds upon Germany's earlier grants of €129.5 million, the largest contribution received by the Fund last year. 
The €88.5 million grant will enable the Fund to procure and Ukraine to receive more urgently required equipment for its energy sector. The focus will be on the essential repair material and equipment needed for the upcoming winter season as well as renewable energy projects, including decentralized renewable energy solutions such as solar panels and associated equipment for public and social infrastructure and potentially households. 
With this latest contribution, the total pledges received by the Ukraine Energy Support Fund now amount to €405 million.  
The Energy Community Secretariat is honored to partner and express its gratitude to the Federal Republic of Germany for its unwavering support and contributions to the Ukrainian Energy Support Fund.  
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.  

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