The Verkhovna Rada approved the 2022 state budget: UAH 2.6 billion allocated to the Energy Efficiency Fund
Today, the Verkhovna Rada of Ukraine adopted in the second reading and in general the draft law on the state budget of Ukraine for 2022.
In particular, UAH 2 billion 594 million 335 thousand was allocated next year to replenish the authorized capital of the Energy Efficiency Fund.
This is stated in the law on the State Budget of Ukraine for 2022 №6000 of September 15, published on the website of Parliament.
264 people's deputies voted for the adoption of the bill in the second reading with the required minimum of 226 votes.
"Stable financing of the energy efficiency sector is extremely important, as the funded projects significantly reduce the costs of high-rise residents to pay for housing and communal services. Thousands of families are already living in modernized houses and saving their own money, ”commented Yegor Fareniuk, acting director of the Energy Efficiency Fund.
Oleksiy Chernyshov, Minister for Communities and Territories Development of Ukraine, noted that the priority for the Government is to achieve energy independence of the state. One of the effective tools for reducing energy consumption in communities is the program of the Energy Efficiency Fund "Energodim", which will allow participants to upgrade their housing and reimburse part of the cost of implementing energy efficiency measures.
“Next year, UAH 2.6 billion will be allocated from the State Budget of Ukraine to the Energy Efficiency Fund. Including available funds, the total authorized capital of the Energy Efficiency Fund in 2022 will amount to UAH 5.4 billion. This money will go to the thermal modernization of apartment buildings in the communities of Ukraine, "said Oleksiy Chernyshov.
In addition, the head of the Ministry of Regional Development also added that next year will also provide additional funding for energy efficiency measures in Ukraine from international organizations, in particular, in cooperation with KfW, the World Bank and others.
In 2021, the Cabinet of Ministers allocated UAH 100 million from the state budget to increase the authorized capital of the Energy Efficiency Fund and increased it to over UAH 2.8 billion. Thus, the total authorized capital of the Energy Efficiency Fund in 2022 will amount to UAH 5.4 billion.
For reference. The Energodim program is funded by the authorized capital of the Energy Efficiency Fund, which is formed from the state budget of Ukraine, as well as contributions from the European Union and the Government of Germany, implemented in cooperation with IFC and GIZ.
In total, UAH 2.7 billion has been contributed to the Fund's capital from the state budget, and another EUR 100 million has been allocated by donors, the European Union and the German Government, administered by IFC, the International Finance Corporation, to co-finance energy efficiency programs.