The Kyiv Independent
Summary
The European Investment Bank Group (EIB) and the European Commission announced nearly 600 million euros ($700 million) in new financing for Ukraine's critical infrastructure and businesses at the Ukraine Recovery Conference (URC) on July 10.
100 million euros ($117 million) will go to district heating systems across Ukrainian cities through loans to Ukrgasbank and Oschadbank. Local authorities can use these funds for renewable energy projects and energy efficiency upgrades in public buildings.
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