Green recovery for Ukraine
Our Green Recovery Programme for Ukraine brings together a range of initiatives to support sustainable recovery. This includes repairing and modernising critical infrastructure and public facilities, such as hospitals, schools and daycare centres; improving energy-efficiency measures and integrating renewable energy; providing energy-efficient housing for internally displaced persons (IDPs); and offering capacity building and technical assistance to municipalities for transparent and effective implementation.
We also facilitate the development of Local Green Recovery Plans, reflecting local needs and strengthen municipal ownership. Our reconstruction support enables technological leapfrogging, including reduced reliance on fossil fuels, and provides guidance on integrity, transparency and anti-corruption measures.
Acitivities and impact
514+
MEUR raised for Green Recovery
100+
new projects initiated
60+
recovery projects completed
66
recovery projects ongoing
How we work in Ukraine
We provide guidance and support to municipalities to ensure projects are implemented correctly, uphold integrity and transparency, and comply with applicable laws, regulations and procurement requirements.
How is the programme working?
Municipalities are key to building Ukraine back greener and better. We work with them to address the war’s direct and indirect impacts, embedding environmental and sustainability considerations across all activities under our Green Recovery Programme for Ukraine.
- Repair and modernisation of critical infrastructure and public service buildings.
- Renovating and building housing and facilities serving internally displaced persons (IDPs).
- Capacity building for Local Green Recovery plans, anti-corruption measures and transparency to ensure Ukraine is built back greener and better.
Ongoing procurements
Projects financed by Nefco generate many tendering opportunities for goods, public works, services and consultancies. These opportunities are published on our website.
Why is green recovery needed?
Ukraine has suffered severe damage to people, infrastructure and the environment due to Russia’s full-scale invasion. Substantial reconstruction and long-term financing are needed to address the destruction.
Local governments play a central role and need skills development to plan environmentally sustainable recovery actions that reduce pollution and reliance on fossil fuels, while scaling renewable energy, energy-efficiency and clean technologies.
Reconstruction is also an opportunity for technological leapfrogging towards a resilient, green economy. Our green investments support an EU-aligned pathway for sustainable recovery and a faster green transition.
Nature is the silent victim
The war has caused tremendous damage to the environment. Measuring and verifying the extent of the damage will be challenging while the war is ongoing. It is, however, clear that both the Ukrainian society and nature are in desperate need of restoration.
Contributors
The programme brings together grant-funded initiatives from multiple contributors. For many years, we have partnered with Nordic, European and multinational partners to manage funds and implement projects in Ukraine. Existing facilities have been adapted to support our recovery efforts, complemented by new initiatives and funding.
The EU, Denmark, Iceland, Finland, Norway and Sweden are the programme’s initial contributors, and we welcome further partners to join.
Our long history in Ukraine
We have strong expertise in Ukraine and a unique network of municipalities, authorities, consultants and contractors, supported by our local team in Kyiv. Since 2004, we have financed 80 private-sector and more than 300 public-sector projects, supporting Ukraine’s green transition through renewable energy and energy –efficiency and the modernisation of district heating, water and wastewater treatment.
In the private sector, we have co-financed larger projects together with financial institutions such as EBRD, FMO, IFU and Swedfund.
In the public sector, we have blended our loans with grant funding from the Nordic governments, the EU and the Eastern Europe Energy Efficiency and Environment Partnership (E5P).
Read more about our previous activities in Ukraine.
Extensive network
We have a long history in Ukraine, partnering with over a hundred municipalities to finance and implement green projects in energy efficiency, district heating and other essential services.
All our news & feature stories are available here
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Our Green Recovery Programme
The programme focuses on actions that help municipalities build back greener and better. It provides financial support and technical assistance to Ukrainian municipalities to address both direct and indirect consequences of the war.