You're reading: People’s Daily Online: World Bank grants Ukraine loan for energy efficiency projects

The World Bank has allocated 200 million U.S.dollars loan to Ukraine for the energy efficiency projects development, local media reported Wednesday. According to Ukrainian Ukrinform news agency, the state-run bank Ukreximbank will be the borrower. It will conduct the funds. It can make direct project financing, or share the money with other Ukrainian banks that will lend directly industrial and municipal energy efficiency projects. Read more.