The Eastern Europe Energy Efficiency and Environmental Partnership (“E5P”) unites the Eastern Partnership countries, European Commission and other bilateral donors, and the main IFIs active in the region to coordinate and accelerate the implementation of important energy efficiency and environmental projects. “E5P” is now starting with Ukraine and other countries are expected to join. EIB (together with Ukraine, European Commission, EBRD, NIB and the World Bank) is a member of the E5P’s Steering Group (SG) which is the main operative body. EIB, together with the other IFIs, are observers to the Assembly of Contributors, the decision making body in allocating E5P grants.

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