- Firms to receive a total of €500,000 in grants to help them develop new green technologies
- Funding to cover up to 75 per cent of eligible project costs
- Second round of awards since the start of the war on Ukraine
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are awarding ten Ukrainian firms with a total of nearly €500,000 in grants to help them develop and deploy innovative and climate-friendly technologies. Each of the companies will receive up to €50,000 for their pioneering solutions to help cut greenhouse gas emissions, increase energy efficiency and address climate change.
The grants will cover up to 75 per cent of clean technology expenditure, and businesses will be able to use them to pay the costs of developing green technologies throughout the business cycle, from prototyping and certification to the development of new production lines.
This is the second round of climate innovation vouchers that have been awarded since the start of the war on Ukraine. Under this phase of the programme, the EBRD and EU have provided €1.1 million in climate innovation vouchers to Ukraine to help reduce the harmful impact on the environment and energy consumption.
The Climate Innovation Vouchers programme is part of the EBRD’s Finance and Technology Transfer Centre for Climate Change (FINTECC), which is supported by the EU through its EU4Climate initiative. Greencubator, a Ukrainian non-governmental organisation, has been successfully implementing the programme in the country since the programme launched in 2017.
This year, innovations awarded grants include control tools to minimise energy and water consumption losses, electric vehicles for drivers with disabilities, greener heat pumps and more.
Full list of firms:
· MICROL LLC is helping businesses control energy and water consumption to minimise losses and contribute to savings.
· MAITEK PLUS LLC is supporting the hospitality sector with smart, energy-saving management systems.
· SMF Prodecologia’s technology increases polymer recycling by 90 per cent and uses half the energy of primary recycling.
· Hajster LLC is helping reduce carbon dioxide (CO2) emissions by replacing traditional heating systems with heat pumps operated through proprietary controllers and software.
· RMC Manufacturer Company is replacing freon-based units with next-generation refrigeration to improve the equipment’s efficiency and durability, optimise energy use and reduce CO2 emissions.
· The One Innovation Water Technologies LLC’s technology for water purification and desalination significantly reduces wastewater generation.
· LUAZ Motors LLC is creating wheelchair-accessible electric vehicles for drivers with disabilities.
· Agrosolum LLC offers unmanned aerial vehicle (UAV)-delivered fertiliser and eco-friendly pest control to enable CO2, fuel and resource savings.
· ELEEK LLC is developing new models of electric bicycles and plans to introduce them to the international market.
· K.Tex LLC, a manufacturer of medical, construction and industrial non-woven materials, plans to use recovered fibres in its production and sell to garment manufacturers.
The EBRD has deployed more than €4 billion in Ukraine since the start of the war. The Bank’s strategic priorities in the country include support for the private sector, energy security, vital infrastructure, food security and trade.