Over six million inhabitants of 12 cities in Ukraine are benefiting from better and more comfortable public transport thanks to the introduction of almost 400 new trolleybuses financed by the European Bank for Reconstruction and Development (EBRD) - reads the EBRD official webpage.
The procurement of the buses and related infrastructure improvements was financed under the EBRD’s Ukraine Public Transport Frameworks (UPTF) I and II, in agreements signed in 2015 and 2019 respectively for a total volume of €350 million. According to EBRD itself, the Ukraine Public Transport Frameworks also attracted almost €10 million of Clean Technology Fund (CTF) loans and grant funding of up to €2.6 million, including technical assistance from the Eastern Europe Energy Efficiency and Environment Partnership (E5P), to which the European Union is the largest contributor.
The EBRD is the largest international financial investor in Ukraine. To date, the Bank has made a cumulative commitment of almost €14.5 billion through 479 projects in the country.
The procurement of the buses and related infrastructure improvements was financed under the EBRD’s Ukraine Public Transport Frameworks (UPTF) I and II, in agreements signed in 2015 and 2019 respectively for a total volume of €350 million. According to EBRD itself, the Ukraine Public Transport Frameworks also attracted almost €10 million of Clean Technology Fund (CTF) loans and grant funding of up to €2.6 million, including technical assistance from the Eastern Europe Energy Efficiency and Environment Partnership (E5P), to which the European Union is the largest contributor.
The EBRD is the largest international financial investor in Ukraine. To date, the Bank has made a cumulative commitment of almost €14.5 billion through 479 projects in the country.
