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Business and the Ministry of Environment discussed areas of effective climate cooperation

29/ 04/ 2021
  On April 27, representatives of the EBA Industrial Ecology and Sustainable Development Committee met with Iryna Stavchuk, Deputy Minister of Environmental Protection and Natural Resources, and Oleksiy Ryabchyn, Adviser to the Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine, Advisor to the Minister of Environmental Protection and Natural Resources. Thus, it was discussed that the main levers for the effective implementation of goals under the second Nationally-Determined Contributions of Ukraine to the Paris Agreement (NDC-2) are the followings: Reform of environmental finance, in particular, in terms of unlocking the mechanisms of state aid to business. Thus, the current law №1555-VII provides for the possibility of providing state support to businesses for implementing measures of environmental protection. Although the law came into force in 2017, the criteria for the admissibility of such aid and its format have not yet been specified. Development of a plan for implementing climate commitments under NDC-2. At present, NDC-2 is mostly declarative in nature and it will be possible to achieve its goals only after the development of a roadmap by involving all stakeholders. Launch of scientific cooperation and testing of scientific developments provided by the Horizon program. Creating conditions for access to efficient climate technologies for developing countries is one of the key elements of the Paris Agreement. Given the EUs role as a global leader in achieving carbon neutrality, the best tool to decarbonize certain sectors of emerging economies would be to facilitate access to sustainable financing and ensure the transition (or access to research and development) to green technologies. In the case of Ukraine, such a tool could also be coordinated with practical work on involving Ukrainian companies and industries in EU projects aimed at creating a hydrogen economy by 2030, which would significantly accelerate, inter alia, the transition to RES. Correlation of corporate decarbonization strategies with national plans. Recently, more and more Ukrainian private and state-owned companies are presenting their strategies for achieving carbon neutrality with well-defined deadlines. Given that the real sector of the economy is considered the basis for the realization of the countrys climate ambitions, it is very important to ensure timely clear, and predictable government regulation. We are talking about a synergetic approach of various government agencies to political decision-making, as well as favorable conditions for attracting foreign investment in Ukraine. The EBA representatives and the Ministry of Environment agreed to continue discussions on the above issues and ways to implement the agreed decisions shortly.   Be the first to learn about the latest EBA news with our Telegram-channel – EBAUkraine.

On April 27, representatives of the EBA Industrial Ecology and Sustainable Development Committee met with Iryna Stavchuk, Deputy Minister of Environmental Protection and Natural Resources, and Oleksiy Ryabchyn, Adviser to the Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine, Advisor to the Minister of Environmental Protection and Natural Resources.

Thus, it was discussed that the main levers for the effective implementation of goals under the second Nationally-Determined Contributions of Ukraine to the Paris Agreement (NDC-2) are the followings:

  1. Reform of environmental finance, in particular, in terms of unlocking the mechanisms of state aid to business. Thus, the current law №1555-VII provides for the possibility of providing state support to businesses for implementing measures of environmental protection. Although the law came into force in 2017, the criteria for the admissibility of such aid and its format have not yet been specified.
  2. Development of a plan for implementing climate commitments under NDC-2. At present, NDC-2 is mostly declarative in nature and it will be possible to achieve its goals only after the development of a roadmap by involving all stakeholders.
  3. Launch of scientific cooperation and testing of scientific developments provided by the Horizon program. Creating conditions for access to efficient climate technologies for developing countries is one of the key elements of the Paris Agreement. Given the EU’s role as a global leader in achieving carbon neutrality, the best tool to decarbonize certain sectors of emerging economies would be to facilitate access to sustainable financing and ensure the transition (or access to research and development) to green technologies. In the case of Ukraine, such a tool could also be coordinated with practical work on involving Ukrainian companies and industries in EU projects aimed at creating a hydrogen economy by 2030, which would significantly accelerate, inter alia, the transition to RES.
  4. Correlation of corporate decarbonization strategies with national plans. Recently, more and more Ukrainian private and state-owned companies are presenting their strategies for achieving carbon neutrality with well-defined deadlines. Given that the real sector of the economy is considered the basis for the realization of the country’s climate ambitions, it is very important to ensure timely clear, and predictable government regulation. We are talking about a synergetic approach of various government agencies to political decision-making, as well as favorable conditions for attracting foreign investment in Ukraine.

The EBA representatives and the Ministry of Environment agreed to continue discussions on the above issues and ways to implement the agreed decisions shortly.

 

Be the first to learn about the latest EBA news with our Telegram-channel EBAUkraine.

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