Naftogaz began to develop a decarbonization strategy

Naftogaz began to develop a decarbonization strategy

Katerina Belousova

The future of gas exports to the EU directly depends on compliance with environmental standards and requirements

Oleksiy Chernyshov, CEO of Naftogaz of Ukraine, said that the company has begun to develop a decarbonization strategy.

This will create a specific action plan with an assessment of the current state, goals, financing options, and timelines for their implementation, Chernyshov wrote on his Facebook page.

" This is a conscious approach to the environment where we live, he emphasized. "This is not a declarative statement."

Chernyshov noted that The future of Ukrainian gas exports to the European Union directly depends on compliance with clear environmental standards and requirements. In particular, a responsible approach to its extraction, storage and transportation.

He added that all divisions and subsidiaries of Naftogaz Group will work on the development of the decarbonization strategy.

Earlier, EcoPolitic wrote, that in November, head of Naftogaz of Ukraine Oleksiy Chernyshov stated that the company decided to invest in the construction of two wind and one solar power plants.

As EcoPolitic previously reported, The European Union and 35 countries officially opened the Climate Club – an inclusive platform to support effective decarbonization of industry. At the COP28 climate conference, Ukraine joined the Climate Club.

Related
Decarbonization Fund: how many and which projects were financed in the first half of this year
Decarbonization Fund: how many and which projects were financed in the first half of this year

The total amount of loans granted is about UAH 275 million, which is not even close to the funds allocated for decarbonization of the EU industry

EBA analyzed the challenges and ways to solve them in establishing Ukraine's NDC2
EBA analyzed the challenges and ways to solve them in establishing Ukraine's NDC2

According to experts, as of today, modelling does not provide even a rough idea of greenhouse gas emission scenarios in the post-war period

Nova Poshta to receive €50 million from the EBRD to modernize and reduce carbon emissions
Nova Poshta to receive €50 million from the EBRD to modernize and reduce carbon emissions

The company is also counting on an additional grant from two funds

Business urged the government to set a more realistic climate target of 65% reduction in emissions in GHG emissions in 2012
Business urged the government to set a more realistic climate target of 65% reduction in emissions in GHG emissions in 2012

Industrialists insist that it should take into account the current situation in the country and its economy