Funds from the Kyoto Protocol will be spent on capital schools and elevators, chairman of the Kyiv City State Administration Oleksandr Popov stated, ForUm correspondent reports.

"We will work out at least two more large-scale projects amounting to about 700 million UAH on the use of funds from the Kyoto Protocol to modernize our schools, pre-schools and elevators. The process has been already completed, and concrete decisions will be made in the near future," Popov said.

According to Popov, the main thing for the capital is the fact than this money is not a credit, and it should not be returned, but this is a grant for the development.

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