Ukraine Reopens Two Renovated Schools in Vinnytsia Oblast with EIB and EU Support

Ukraine Reopens Two Renovated Schools in Vinnytsia Oblast with EIB and EU Support

(IN BRIEF) Two schools in Vinnytsia Oblast, Ukraine, have reopened after energy-efficient renovations funded by the European Investment Bank (EIB) under the Ukraine Recovery Programme. These upgrades, benefiting over 700 students and staff, reduce CO2 emissions and energy consumption while providing safer, more comfortable learning environments. The €585,000 project is part of a broader €340 million initiative to restore Ukraine’s social infrastructure, implemented in partnership with Ukraine’s Ministry for Communities, local authorities, and the UNDP. The renovations are a symbol of resilience and commitment to education amid ongoing challenges.

(PRESS RELEASE) LUXEMBOURG, 12-Sep-2024 — /EuropaWire/ — Two schools in the Vinnytsia Oblast, Ukraine, have reopened after extensive renovations funded by the European Investment Bank (EIB) as part of the Ukraine Recovery Programme. The schools, located in Stryzhavka and Miziakivski-Khutory, have undergone significant energy-efficient upgrades, benefiting over 700 students and 100 staff. These improvements will reduce CO2 emissions by 30% and heat energy consumption by 15%, contributing to a more comfortable and sustainable learning environment.

The renovations, totaling €585,000, are part of a €340 million EIB loan aimed at restoring Ukraine’s social infrastructure. The project was implemented in partnership with Ukraine’s Ministry for Communities and Territories Development, local authorities, and supported by the United Nations Development Programme (UNDP).

Key figures involved in the project, including First Deputy Minister for Communities Vasyl Shkurakov and EIB Vice-President Teresa Czerwińska, emphasized the significance of these renovations in fostering resilience amidst ongoing challenges. The modernized schools symbolize Ukraine’s commitment to providing safe, inclusive, and energy-efficient educational facilities despite the ongoing war.

This project is part of a broader effort to restore critical infrastructure across Ukraine, with more recovery initiatives in education, health, and housing underway in Vinnytsia Oblast and beyond.

Background information

EIB in Ukraine

Present in Ukraine since 2007, the EIB has stepped up its financial support for the country’s resilience and modernisation since Russia’s full-scale invasion in 2022. Since then, the EIB has provided swift relief, disbursing €2 billion of financing for emergency repairs to the country’s ravaged infrastructure. Through its EU for Ukraine (EU4U) Initiative, coupled with its key role in implementing the European Union’s €50 billion Ukraine Facility, the EIB is strongly committed to stepping up and accelerating its activities in line with the mandate given by EU leaders and in close cooperation with the European Commission, the European Parliament, EU Member States and international partners.

EIB recovery programme in Ukraine

The renovation of two schools in Ukraine’s Vinnytsia Oblast – the Lyceum №2 in Stryzhavka village and Miziakivsko-Khutirskyi Lyceum in Miziakivski-Khutory village – was carried out under the Ukraine Recovery Programme, a €340 million multi-sectoral framework loan from the EIB, signed in December 2020. By empowering local authorities to refurbish social infrastructure, the programme enhances the living conditions of internally displaced persons and their host communities. In addition to the two schools, there are currently 155 other sub-projects at various stages of implementation.

The Ministry for Communities and Territories Development of Ukraine coordinates this and other programmes together with the Ministry of Finance, while the reconstruction projects are fully managed by local government bodies. The United Nations Development Programme in Ukraine provides technical assistance for the initiative, ensuring the effective and efficient implementation of projects.

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SOURCE: European Investment Bank