Head of the State Agency on Energy Efficiency Hanna Zamazieieva and EBRD Representatives Held a Strategic Meeting to Strengthen Cooperation in the Recovery and Energy-Efficient Modernization of Ukraine

Warsaw became the platform for a key meeting between the State Agency on Energy Efficiency and Energy Saving of Ukraine (SAEE), the European Bank for Reconstruction and Development (EBRD), and the Ukrainian Decarbonization Fund. The main goal was to establish effective cooperation for the recovery and modernization of Ukraine’s infrastructure based on the principles of sustainable development.

“We had a meaningful and constructive conversation focused on a strategically important issue — the future of Ukraine’s infrastructure recovery, which must be shaped around modern principles of energy efficiency, sustainability, and energy independence. We didn’t just talk about general approaches, but specific tools, financial mechanisms, and opportunities to implement large-scale projects through the Ukrainian Decarbonization Fund, a Joint Stock Company, in collaboration with our international partners,” emphasized Hanna Zamazieieva.

Key discussion topics included:

• Investment in energy efficiency projects within Ukrainian communities and enterprises;

• Grant and technical support for projects via the Ukrainian Decarbonization Fund mechanisms;

• Co-financing of local initiatives in energy efficiency, modernization of heating systems, and building upgrades;

• Enhancing transparency in project implementation, including effective audits, monitoring, and consulting at every stage.

Participants from the EBRD included:

• Olena Hordieieva, newly appointed Director for Infrastructure in Europe,

• Mark Magaletsky, Deputy Director of the Ukraine team,

• Denys Haiovyi, Senior Banker.

“The EBRD expressed its readiness to consider all possible mechanisms for financing the reconstruction of Ukrainian infrastructure.

During the meeting, an agreement was reached on next steps: the Ukrainian Decarbonization Fund will prepare an official proposal outlining specific projects that require funding and can be implemented in cooperation with the EBRD,” summarized Hanna Zamazieieva.

The next stage will involve constructive work on formalizing clear formats of cooperation.

Both sides acknowledged the need for dynamic and coordinated implementation of the agreed actions. Special emphasis was placed on the importance of launching concrete projects quickly so that Ukrainian communities can start experiencing the tangible benefits — increased energy efficiency and enhanced energy independence — in the near future.

Currently, the EBRD is the largest institutional investor in Ukraine. Since the beginning of the full-scale invasion, the Bank has mobilized €6.4 billion, and it plans to allocate an additional €1 billion in 2025 to strengthen Ukraine’s energy resilience.

Thanks to such reliable and powerful partners, Ukraine gains not only financial support but also access to best international practices, innovative solutions, and technologies. This enables a deep transformation of the energy sector, drives the development of Ukrainian communities, and contributes to building a strong, energy-independent state.