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Eastern Europe Energy Efficiency and Environmental Partnership (E5P) Fund

The E5P was established to facilitate municipal infrastructure investments boosting energy efficiency and environmental protection in the Eastern Partnership countries, in particular aiming at reducing greenhouse gas emissions. Typical sectors for E5P support include: rehabilitation of district heating systems, energy efficiency measures for public buildings, solid waste management, wastewater treatment, green local transport and street lighting modernisation.

Highlights

With the start of the Russian war on Ukraine, the E5P reacted swiftly by providing emergency measures for sustaining the critical municipal infrastructure. The key objective for the E5P in Ukraine is to strengthen the war resilience and continue as an agile instrument for green, post-war reconstruction of Ukraine.

The E5P pledged resources for all the six Eastern Partnership countries are close to EUR 400 million. The EBRD acts as the fund manager on behalf of contributors and other IFIs.

Greener and more inclusive buses in Georgia