EBRD Endorses Energy Efficiency Plan for Ukraine

The European Bank for Reconstruction and Development and Ukrainian government approved a sustainable energy action plan, The Financial reported. Under the plan, the bank and Ukraine will jointly review tariff methodology and legislation, and introduce legal frameworks for renewable energy development and energy efficiency in residential and public buildings.

will also back projects in industrial energy efficiency, carbon finance, and credit lines to small and medium enterprises.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.