KYIV, 3 April 2026 – The Government of the Republic of Serbia and the United Nations Development Programme (UNDP) have signed a new EUR 2 million (approximately US$2.15 million) financing agreement to bolster the resilience of Ukraine’s energy sector.

The contribution will be directed towards the procurement and delivery of high-voltage transformers – critical equipment required to restore electricity transmission capacity and ensure stable power supply for millions of Ukrainians. These interventions are being made under the UNDP Green Energy Recovery Programme.

Since 2022, Ukraine’s energy infrastructure has sustained widespread damage, with total sector losses estimated at $88.2 billion according to the Fifth Rapid Damage and Needs Assessment (RDNA5). The power subsector alone accounts for approximately $17.1 billion of this damage, primarily affecting generation and transmission assets.

Andon Sapundži, Ambassador of the Republic of Serbia to Ukraine, emphasised Serbia's commitment to supporting the recovery of Ukraine's critical infrastructure. “Serbia stands in solidarity with the people of Ukraine as they face unprecedented challenges to their energy security,” he said. “This contribution is a tangible demonstration of our support for the restoration of essential services, ensuring that hospitals, schools, and homes remain powered during these difficult times.”

Auke Lootsma, UNDP Resident Representative in Ukraine, highlighted the strategic importance of the partnership. “This generous contribution from the Government of Serbia comes at a pivotal moment as we work to repair and modernise the national grid,” he said. “High-voltage transformers are vital for the integrity of the electricity transmission system. By restoring this capacity, we are not only addressing urgent needs and getting ready for the next heating season, but also laying the foundation for a more resilient and sustainable energy future.”

Anatolii Kutsevol, Deputy Minister of Energy of Ukraine, welcomed the international support as essential for national stability. “Restoring our energy facilities is a matter of national security and human survival,” he noted. “We’re grateful to the Government of Serbia and UNDP for their swift action in providing the specialised equipment needed to stabilise our grid. Such partnerships are critical as we prepare for future challenges and continue our efforts to build back a more robust energy system.”

The project aims to improve access to basic services – including heating, electricity, and water supply – for populations in targeted areas heavily affected by infrastructure damage. It aligns with the United Nations Sustainable Development Cooperation Framework for Ukraine and the 2030 Agenda for Sustainable Development, specifically SDG 7 (Affordable and Clean Energy).

Background:

UNDP is the leading United Nations organisation fighting to end the injustice of poverty, inequality, and climate change. Working with a broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and the planet. 

Media enquiries:

Yuliia Samus, Head of Communications and Advocacy, UNDP in Ukraine; yuliia.samus@undp.org