The German government has allocated an additional €88.5 million to the Energy Support Fund of Ukraine under the European Energy Community.
The funds were provided by the Federal Ministry for Economic Affairs and Climate Action, contributing €54.3 million through KfW, and the Federal Foreign Office, contributing €34.2 million. The decision to allocate these funds is linked to the fact that during the second winter of Russian aggression against Ukraine, Russian air strikes targeted Ukrainian energy infrastructure.
The Energy Support Fund Ukraine uses the funds to finance energy sources, spare parts, and equipment, such as transformers and generators, to help sustain energy supply in Ukraine. The funds are also used for the repair of damaged substations and power plants to continue providing the population with electricity and heat.
Part of the funds will be directed to green energy transition projects, such as photovoltaic systems on public buildings, as well as the green reconstruction of Ukraine.
At the end of 2022, the German government had already paid €129.5 million to the Energy Support Fund, bringing Germany’s total contribution to €218 million. Germany remains the largest donor to the fund, which has raised about €400 million since February 2022.
The German government added that contributions to the Energy Support Fund are part of a winter package for Ukraine totaling over €1.6 billion this year, which also includes military contributions for air defense, development policy support, and humanitarian aid.
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