The European Investment Bank (EIB) has announced the provision of €100 million in funding to Ukraine as part of the larger Ukraine Facility package, which totals €50 billion to support the country. The majority of this amount, specifically €70 million, will be directed to Ukrgasbank under the Ukraine Economic Resilience Facility program.
This is reported by Finway
Support for Business and Energy Modernization
The funds from the EIB will enable small and medium-sized enterprises to access long-term loans. This will help preserve jobs and enhance the resilience of the private sector amid the war. Significant attention is being paid to Ukraine’s “green transition” — investments aimed at improving energy efficiency and reducing greenhouse gas emissions.
Funding will support Ukraine’s “green transition” – investments in enhancing energy efficiency and reducing greenhouse gas emissions.
Heating Modernization and Infrastructure Support
An additional €30 million will be distributed between Ukrgasbank and Ukreximbank — €15 million each. These funds will be used for the repair and modernization of centralized heating systems, particularly in communities affected by Russian attacks. The financing will help ensure stable heating supply for hospitals, schools, and residential buildings, as well as reduce dependence on centralized infrastructure.
This initiative continues the cooperation between the EIB and Naftogaz of Ukraine, which recently signed an agreement to replenish gas reserves ahead of the heating season.
Additionally, the government has decided to allocate ₴100 million to support critical infrastructure in Odesa. Efforts are also ongoing to strengthen port protection, support logistics, and maintain the stability of the maritime corridor.