Ukraine needs 60 billion euros to reduce energy consumption in housing sector, chairman of the department for state control of energy efficiency Mykola Pashkevych told a briefing, ForUm correspondent reports.

According to the draft National Action Plan for Energy Efficiency, Ukraine has to reduce energy consumption by 9% by 2020. "To achieve the measures on reduction of energy consumption we need to spend 60 billion euros by 2020 only in the housing sector," he said.

Pashkevych said that Ukraine needs to create an attractive investment and energy industry by revising rates and mechanisms of their formation to make such funding possible.

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