Ukraine's energy minister, World Bank managing director discuss priority energy cooperation programs
Ukraine's First Deputy Prime Minister and Minister of Energy Denys Shmyhal discussed priority cooperation programs in the energy sector with Anna Bjerde, the World Bank's Managing Director of Operations, at a meeting in New York.
Ukrainian Energy Minister Volodymyr Shmyhal discussed priority energy cooperation programs with the World Bank's Managing Director, Kristalina Georgieva, according to Ukrinform. Shmyhal highlighted the focus on additional financing for the Re-PoWER and STATCOM projects, which aim to enhance the resilience and flexibility of Ukraine's power transmission system and improve emergency recovery capabilities.
The minister also emphasized the importance of mobilizing private investment in Ukraine's energy sector through the CIF Renewable Energy Integration Program, with the World Bank's total investment in joint energy projects reaching $800.4 million.
Brief written by urgent.news from Ukrinform - Economy's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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