The Northern Environmental Finance Corporation (NEFKO) has already completed 30 projects as part of the “Green Restoration of Ukraine” program created in response to Russia’s aggression in 2022. About this reported Yuliya Shevchuk, NEFCO investment adviser.
“We are actively working within the framework of this program. Currently, it covers more than 60 projects, and several more are at the development stage. Despite the war, we have already managed to complete 30 projects. The main areas of our work are improving the energy efficiency of public sector buildings, reconstruction and construction of new housing for internally displaced persons, as well as projects related to critical infrastructure.
We work in the areas of water supply, heat supply and waste management, contributing to their modernization and sustainable development.” Shevchuk said.
In total, NEFCO managed to attract more than 330 million euros for the “Green Recovery” program. About two-thirds of this amount was provided by the European Union, and one-third by the founders of NEFCO, including the countries of Northern Europe (Denmark, Norway, Sweden, Finland), as well as the Eastern Europe Energy Efficiency and Environment Partnership (E5P) and the Nordic Environmental Development Fund (NMF).
