Being an international financial institution, our mandate includes dealing with the risk of lending to medium-sized and small municipalities. We are currently financing projects in Georgia, Moldova, and Ukraine. These range from loans to energy-saving projects to grant-funded green recovery actions in Ukraine. We also provide technical assistance for feasibility studies and project implementation support in connection with the projects we finance.
Our Eastern Europe portfolio at end 2023
83
active investments and trust fund projects
49%
savings in electricity usage
€290m
raised for green recovery actions in Ukraine
40
ongoing recovery projects in Ukraine
How Nefco works in Ukraine
In 2009, Nefco and Ukraine signed a framework agreement that provides a legal framework for Nefco’s operations in Ukraine. The framework agreement enables Nefco to provide financing to municipalities and carry out projects in an efficient way. This supports the country in its transition to a green economy and benefits the communities and ordinary people of Ukraine.
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