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Germany launched a €7M program in Ukraine for energy-efficient business projects.

Friday, April 7, 2023
Germany launched a €7M program in Ukraine for energy-efficient business projects.

The Add energy to your business program is implemented within the framework of a project from the German government through the German Development Bank KfW and with the support of the EU.

The program’s main goal is to support the financing of energy-efficient business investments to reduce energy consumption and CO2 emissions, which will contribute to increasing enterprise competitiveness and protecting the environment.

Funds will be distributed between two partner banks: Ukrgazbank will receive €4M and Bank L’viv €3M.

Investment projects from companies working in energy efficiency that wish to participate in the program must ensure a minimum CO2 reduction of 20%.

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