Germany pledges fresh €381 million support to Ukraine

Date:

Must Read

Hayatu Deen joins ADC presidential race as opposition field grows

Renowned economist and banker Mohammed Hayatu Deen has entered...

El Rufai may miss ADC presidential primaries as court prolongs his bail

A Kaduna State High Court has ordered that former...

2027: APC sets dates sales Presidential form ₦100M, Governorship ₦50M

The All Progressives Congress has officially released its timetable...

Germany plans to provide Ukraine with an additional €381 million ($416 million) in humanitarian support this year, Foreign Minister Annalena Baerbock said at the Ukraine Recovery Conference in London.

This will be used, for example, to provide generators, food and tents, she said. Since the beginning of the Russian war in February 2022, German aid to Kiev has amounted to €16.8 billion.

In the long term, however, money is not enough, the foreign minister added. “We are helping Ukraine to invest in renewable energies and energy efficiency,” she said.

In this way, she said, Ukraine’s reconstruction could be shaped in a green and thus lasting and sustainable way.

Earlier at the conference, U.S. Secretary of State Antony Blinken announced $1.3 billion in additional funding for Ukraine, of which $520 million alone is earmarked for repairing Ukraine’s energy grid to make it cleaner and more resilient, the Democratic politician said.

Together with energy market reforms, this could make Ukraine a major energy exporter, Mr Blinken said.

dpa/NAN

spot_imgspot_imgspot_img

Latest News

logo-nn-news-small
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.