Ukraine

Ukraine to get $28.5 million loan to make schools, kindergartens energy efficient

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Ukraine to get $28.5 million loan to make schools, kindergartens energy efficient
(saee.gov.ua)

Ukraine will get the funding from German state-owned development bank KfW, Prime Minister ​​Denys Shmyhal announced on Nov. 24.

The money will be allocated to two regional capitals, Zhytomyr and Zaporizhia. Each municipality will have a 2% interest rate on the loan with a grace period of 10 years. The loan also comes with a 1 million euro grant.

The project aims to modernize 1,000 public buildings including schools, kindergartens and healthcare facilities to reduce heat consumption.

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Asami Terajima

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Asami Terajima is a reporter at the Kyiv Independent covering Ukrainian military issues, front-line developments, and politics. She is the co-author of the weekly War Notes newsletter. She previously worked as a business reporter for the Kyiv Post focusing on international trade, infrastructure, investment, and energy. Originally from Japan, Terajima moved to Ukraine during childhood and completed her bachelor’s degree in Business Administration in the U.S. She is the winner of the Thomson Reuters Foundation's Kurt Schork Award in International Journalism 2023 (Local Reporter category) and the George Weidenfeld Prize, awarded as part of Germany's Axel Springer Prize 2023. She was also featured in the Media Development Foundation’s “25 under 25: Young and Bold” 2023 list of emerging media makers in Ukraine.

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