UkrInform

Ukraine and world news. Ukrinform brings the latest news, daily news, political news, business news, social news, cultural news, sports news, international news

https://www.ukrinform.net/

Ukraine suggests expanding EBRD support for green transformation projects.

Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna discussed the expansion of EBRD's support for green transformation projects with a delegation of the European Bank for Reconstruction and Development.

As the Government portal informs, this was discussed during Stefanishyna's meeting with EBRD Vice President Alain Pilloux and newly appointed EBRD Vice President for Policy and Partnerships Mark Bowman.

The parties discussed the implementation of current projects of cooperation with the EBRD, as well as prospects for further cooperation in the context of supporting Ukraine's implementation of the European Green Deal and the implementation of commitments to reduce carbon emissions.

The Deputy Prime Minister noted that combating climate change requires more intensive international coordination and support, as well as strengthening cooperation between government, business, and international financial organizations.

"We are grateful for the EBRD's consistent support and already have successful examples of cooperation. The EBRD's support is extremely important for the implementation of qualitative changes in Ukraine," Stefanishyna said.

According to her, "now the whole world is on the verge of global change to save the planet for future generations. The recent climate debate at the UN Conference in Glasgow raised the issue of green policy to an even higher level. For Ukraine, this means about EUR 10 billion for green transformation annually over the next decade. It is important to work with the UN Green Climate Fund to gain greater access to financial resources for GHG reduction projects. We count on EBRD's active support in this matter."

In particular, she stressed that Ukraine suggests considering the possibility of wider EBRD's support in the implementation of energy efficiency infrastructure projects and co-financing of decarbonization in the areas of hydrogen economy and renewable energy.

"Given the success of such an instrument as the Eastern Europe Energy Efficiency and Environment Partnership Fund (E5P), we are ready to initiate negotiations to continue the work of the fund for investment in the private sector, which is also aimed at decarbonization. The EBRD can play a key role in this," Stefanishyna added.

ol

Related news
Banks issued UAH 1B of loans under Affordable Mortgage program.

Banks issued UAH 1B of loans under Affordable Mortgage program.

Some 1,157 loan agreements have been already signed for a total sum of UAH 1.005 billion under the government program “Affordable Mortgage at 7%”, Ukrinform reports with reference to the Finance Ministry’s press service.

UkrInform

Chris Cuomo was carrying CNN's ratings: Coglianese

Chris Cuomo was carrying CNN's ratings: Coglianese

Radio host Vince Coglianese reveals what really drove CNN to suspend anchor Chris Cuomo on 'Tucker Carlson Tonight.' #FoxNews #TuckerCarlsonTonight Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FN...

Sky News Breakfast: 'We don't know enough about Omicron - yet'.

Sky News Breakfast: 'We don't know enough about Omicron - yet'.

On Sky News Breakfast with Kay Burley on Wednesday, December 1: - the Health Secretary Sajid Javid tells Kay that there's still a lot of learn about the new Omicron variant of coronavirus; - but he said there was no need for people to change their...

Health Secretary on Omicron variant: We're on a 'national mission'.

Health Secretary on Omicron variant: We're on a 'national mission'.

The Health Secretary Sajid Javid says we still don't know enough about the new Omicron variant of COVID-19 which has arrived in the UK. So the government is rolling out a huge campaign to deliver booster vaccinations to all adults by the end of Ja...

San Francisco Police Department member tells Tucker they are fed up.

San Francisco Police Department member tells Tucker they are fed up.

San Francisco Police Department member Tracy McCray joins ‘Tucker Carlson Tonight’ to discuss the dozens of stores hit by mobs of looters. Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 2...

El Salvador: Fighting climate change - Global Ideas.

El Salvador: Fighting climate change - Global Ideas.

Central America's smallest country, El Salvador, is being increasingly battered by the effects of climate change - by drought, floods, and violent storms. The small organization CESTA has long been fighting for more environmental protection in its...

Arsenal star Gabriel fights off thugs in baseball bat attack.

Arsenal star Gabriel fights off thugs in baseball bat attack.

ARSENAL star Gabriel fought off a baseball bat-wielding robber who attempted to steal his car from his garage. A pair of thieves followed the £27m centre-back and his friend home before demanding the footballer’s keys, phone and watch as he got ou...