Recently, the fight against climate change has gained a particular topicality in international agenda, as long discussions have finally led to the development of specific mechanisms and plans for the decarbonization of economies in most countries of the world. Ukraine also did not bypass this global trend, taking on obligations under the Paris Agreement to reduce greenhouse gas emissions by 65% by 2030 compared to 1990.
Today, Ukraine is sufferingfrom a large-scale Russian invasion, which, naturally, calls into question, if Ukraine fulfills its international climate obligations on time, as hostilities are in progress, and many industrial and infrastructure objects had been destroyed. At the same time, prospects of the structural transformation of economy during postwar reconstruction provides additional chances for Ukraine to fulfill its climate obligations and a green transition, perhaps, even ahead of schedule. However, considering ambition of climate goals, deep integration into the world economy, and strategic importance of further cooperation with Western countries, the climate agenda sets a number of new challenges for Ukrainian businesses that must be urgently dealt with.
In response to these challenges, the Federation of Employers of Ukraine (FEU) developed the concept of a Climate Platform to adapt the Ukrainian economy to key environmental trends. The Climate Platform is a venue for businesses, authorities, civil society and experts to discuss a roadmap for country’s climate policy implementation. The purpose of the Platform is to effectively integrate Ukrainian business into global climate trends, using green transition as a means for modernization, creating new jobs, and increasing the level of international competitiveness of domestic economy.
