The document defines the mechanism for using the funds provided for in the state budget under the budget program “State Fund for Decarbonization and Energy Efficient Transformation”.
It stipulates that the budget funds shall be used in the following areas:
- financial support for measures and state targeted programs in the field of energy efficiency, increasing the use of renewable energy sources and alternative fuels and reducing carbon emissions;
- financial support for compensation, reimbursement, and reduction of liabilities of individuals and legal entities under loan agreements concluded for the implementation of energy efficiency measures, introduction of energy services, increased use of renewable energy sources and alternative fuels, and reduction of carbon emissions;
- fulfillment of debt obligations on borrowings received by the state for the implementation of investment projects in the field of energy efficiency, increasing the use of renewable energy sources and alternative fuels and reducing carbon emissions.
As Prime Minister Denys Shmyhal said during a meeting of the Cabinet of Ministers, this is an additional program for energy efficiency and strengthening the resilience of Ukraine’s energy system worth UAH 759 million.
Source: biz.ligazakon.net
