Rebuilding Ukraine: Iceland contributes additional €550,000 to Ukraine Energy Support Fund
Since the Ukraine Energy Support Fund began operating, it has received more than 2 billion euros in grant funding from 39 foreign sponsors from 26 partner countries and three international organizations.
Earlier, Rubryka reported that Ukraine needs to raise about another 650 million euros to prepare its energy system for the next heating season fully. Prime Minister Serhii Koretskyi said this, stressing that the coming winter will be difficult and that the pace of international support must not slow.
Background
The Ukraine Energy Support Fund, or UESF, was created in spring 2022 in coordination with the European Commission and Ukraine's Energy Ministry to counter the consequences of Russian attacks targeting critical energy infrastructure.
It is an effective tool that enables governments, international financial institutions, international organizations, and corporate donors to provide financial support to the Ukrainian energy sector's efforts to eliminate this damage and ensure uninterrupted operations.
Contributions to the Fund finance the most urgent needs of Ukrainian energy companies, including equipment, spare parts, and other technical resources, as well as fuel and services needed to restore infrastructure and ensure energy and heat supply in Ukraine.
Ukraine's Energy Ministry said the Fund's budget has exceeded 2 billion euros since it began operating. The money came from 39 foreign donors from 26 partner countries, as well as from three international organizations.
In particular, as Rubryka reported earlier, Sweden recently contributed 124.1 million euros, or 1.37 billion Swedish kronor, to the Ukraine Energy Support Fund. This brought Sweden's total contribution to more than 386 million euros. The contribution, provided through the Swedish International Development Cooperation Agency, marked an important milestone for the fund as a whole, pushing total contributions to the fund above 2 billion euros since its creation.
Denmark also contributed an additional 10.66 million euros, or 80 million Danish kroner, to the Ukraine Energy Support Fund. This brought the Kingdom's total contribution to the fund to 78.5 million euros.
- Last
-
- August, 05
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
News by day
6 of August 2026
