Ukrainian business led by the EBA will discuss green recovery plans with the EU

On November 25, 2022, the Committee for Industrial Ecology of Sustainable Development of the European Business Association (EBA) will hold an expert round table on the topic «Green recovery of Ukraine and its role in EU decarbonization» with the participation of MEPs and experts. This is stated in the press release of EBA.

“Ukraine, on the way to EU integration, does not give up its environmental and climate goals, regardless of the economic consequences of the pandemic and the catastrophe of war. Despite the difficulties of wartime, a significant number of industrial enterprises are determined to continue the implementation of European-level environmental standards,” the message says.

EBA and Global Business for Ukraine will hold an expert discussion with the participation of speakers from the EU and Ukraine. The participants will discuss the possible ways of green recovery of Ukraine and its important role in the plans for the implementation of the EU’s climate policy.

Among the participants of the expert discussion:

• Anna Derevyanko, executive director of the European Business Association;
• Hildegard Bentele, Member of the European Parliament;
• Axel Eggert, CEO of the European Association of Steel Producers (EUROFER);
• Stanislav Zinchenko, CEO of GMK Center, chairman of the Industrial Ecology and Sustainable Development Committee of EBA;
• Representative of the leading European think tank Berlin Economics (TBD).

The participation of other leading European industry associations and expert centers is also planned.

On the part of Ukrainian business, the participation of the Committee on Industrial Ecology and Sustainable Development of the EBA’s members, who represent the largest manufacturing enterprises and industries of Ukraine, is planned.

The meeting will take place on November 25 at 16:00 on the Zoom platform. You can register by link.

At the end of 2021, the Cabinet of Ministers approved a draft law on the creation of the National Register of Industrial Emissions and Transfer of Pollutants.

Earlier, the Cabinet of Ministers approved updated nationally determined contribution of Ukraine in accordance with the Paris Agreement. The document envisages reducing greenhouse gas emissions by 65% ​​by 2030 – to 35% of the 1990 level. Ukraine will need annual funding of about $10 billion for this.

According to the assessment of the European Business Association, Ukraine can reduce the greenhouse emissions up to 45% by 2030. It is necessary to guarantee investments in decarbonization measures for this.