Ukraine presented its National Energy and Climate Plan to Swedish partners. The Ukraine's Energy and Climate Investment Roadshow in Sweden is the second presentation of Ukraine's comprehensive strategy for green transformation and recovery after a similar event in London.
In Stockholm, they talked about projects worth $31.4 billion that are open for international investment. This was reported by the Ministry of Energy, Environment and Agriculture of Ukraine.
A comprehensive strategy until 2030
The National Energy and Climate Plan (NECP) for the period up to 2030 strategically covers all areas important for the formation of a new model of the Ukrainian economy – efficient and environmentally friendly at the same time.
The Swedish side was told about projects in the fields of renewable energy, decarbonization of the industry, development of Net Zero technologies, energy efficiency, as well as the possibility of producing hydrogen and nuclear power equipment.
“Lower energy consumption means greater energy independence and lower production costs, resulting in a more competitive industry. This creates a new market-open to innovation and industrial modernisation. Partners who are already coming to Ukraine with advanced solutions are taking part not only in reconstruction, but also in shaping the new economy of the future,” emphasised Deputy Minister Andrii Teliupa.
Decarbonization is the default
Ukraine is deepening its research efforts to reduce carbon emissions in various sectors of the economy. This was announced in Stockholm by representatives of the Green Transition Office. In particular, the analysis for agriculture and the cement industry has already been finalized.
"We are looking for the best ways to achieve climate goals, as this is a prerequisite for industrial development and investment attraction. Metallurgy and the waste sector will be next," said Dmytro Sych, Green Finance Expert of the Office.
"Metallurgy and the mining industry are particularly important in the context of decarbonization. Therefore, the Ukrainian side will study these sectors especially closely for carbon adjustment at the borders of the European Union.
EcoPolitics has previously described the main goals of the NECP-2030.
