EIB disburses more than €13 million to renovate Ukrainian universities
The European Investment Bank has provided €10 million in EU guarantee-backed funds to enhance the energy efficiency of Ukrainian universities in the cities of Chernihiv, Ivano-Frankivsk, Kharkiv, Kyiv, Lutsk, Lviv, Odesa, Poltava, Rivne, Sumy, Uzhhorod, and Vinnytsia.
Poltava National Technical University, one of the participating universities, has completed energy efficiency upgrades on two buildings: an academic building and a dormitory. These are the first of 16 planned upgrades at the university, featuring thermal insulation, modern heating and ventilation systems, and improved accessibility to enhance comfort, reduce energy consumption and lower operational costs.
As part of a separate €10 million grant provided by the Eastern Europe Energy Efficiency and Environment Partnership (E5P) Fund in support of this project, €3.25 million will be utilised to further advance the Ukraine Higher Education Project, supporting construction at Poltava University and other selected institutions. Poltava University has already begun construction using these funds, and by year-end, construction is expected to begin on two buildings at Sumy State University. By early 2025, all six universities benefiting from the E5P grant are expected to have their renovations underway.
EIB Vice-President Teresa Czerwińska, who is responsible for the Bank’s operations in Ukraine, said that strengthening the resilience of Ukraine’s education sector is critical for its immediate recovery and the country’s future: “By modernising university infrastructure, we are helping to build a foundation for developing human capital, ensuring students and staff have access to safer, more sustainable, and energy-efficient facilities.”
The Ukraine Higher Education project aims to enhance the energy efficiency of 16 Ukrainian universities by refurbishing teaching, research and supporting facilities. This effort supports the recovery of higher education infrastructure as part of the country’s broader reconstruction initiatives.
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