Ukraine presented projects worth $31.4 billion for the decarbonization of the economy

Україна представила інвестиційні проєкти на $31 млрд для декарбонізації економіки.

Ukraine presented investment projects totaling $31.4 billion in Stockholm, aimed at decarbonizing the economy. The initiatives cover areas such as renewable energy, improving energy efficiency, modernizing industry to reduce emissions, as well as developing Net Zero technologies and manufacturing equipment for hydrogen and modern nuclear energy.

This is reported by Business • Media

New policies in industry and the agricultural sector

A comprehensive analysis of decarbonization options for the agricultural sector and cement industry has already been completed in Ukraine. The next phases will involve researching the potential for emission reductions in metallurgy and waste management. Special emphasis is placed on the metallurgy and mining sectors in connection with the European Carbon Border Adjustment Mechanism (CBAM), as Ukraine aims to join the European Emissions Trading System (EU ETS).

New opportunities for cooperation with Sweden

During negotiations in Stockholm, the Ukrainian delegation reached an agreement with Swedish partners to create a fund of pooled resources for joint energy and climate projects. It is planned that by 2026, the volume of insurance for such projects through the Swedish Export Credit Agency (EKN) will increase to €160 million. The state investment fund Swedfund is also considering expanding its investment portfolio in Ukraine.

“Ukraine has invited Swedish organizations and companies to collaborate.”