Luxembourg and Frankfurt am Main, 14 September 2022 – The Development Facility of the European Fund for Southeast Europe (EFSE DF), the Green for Growth Fund Technical Assistance Facility (GGF TAF) and Frankfurt School of Finance and Management are pleased to launch a new scholarship programme providing an opportunity for professionals and students from Ukraine to become certified experts in the fields of financial inclusion and analysis, or green and sustainable finance.

The overall objective of the initiative is to develop expert capacities and thus enhance the economic potential of Ukraine and support its green economic reconstruction and sustainable development. The programme is designed to increase the knowledge and professional skills of Ukrainian employees, students, or unemployed professionals within financial, MSME and other sectors, as well as those interested in starting a career in green and sustainable finance. By providing access to recognized financial industry certification programs, the programme aims to boost the career prospects of Ukrainian nationals - both in and outside of Ukraine - and thereby support the economic potential of Ukraine during the reconstruction phase.

The programme is made available through the EFSE Entrepreneurship Academy together with the GGF Green Academy and is part of the “Stand with Ukraine” programme established by EFSE, GGF and the funds’ advisor, Finance in Motion. Under this program, EFSE and GGF will partner with other leading educational and certification program providers.

Thomas Reker, Chair of the EFSE Development Facility, said: “Education is key to success, and we strongly believe supporting Ukrainian nationals will enhance the economic potential of Ukraine and strengthen its financial and entrepreneurship ecosystems.”

On the GGF’s participation in the programme, Technical Assistance Facility Chairperson Klaus-Peter Pischke said: “We welcome Ukrainian participants of varying levels of professional experience in the fields of green finance, energy, technology, and policy to apply. For true sustainable economic development to ensue, we need to provide the resources necessary for the reconstruction of the country and address the direct needs of Ukrainian professionals and businesses.”

There will be several application phases, the first taking place in September, but please note that seats are limited in each intake, therefore all interested and eligible applicants are encouraged to refer to the online course website, here: Online Certification Courses for Ukraine - A Joint Programme from Frankfurt School, GGF TAF and EFSE DF (frankfurt-school.de)