Cabinet of Ministers

The Cabinet approves a 35% target for cutting CO2 emissions by 2030

The Government plans to cut greenhouse gas emissions through decarbonization and development of RES

Кабмин продлил режим чрезвычайной ситуации в Украине до июля
The Cabinet of Ministers extends an emergency in Ukraine until July

The emergency rather concerns government agencies and their response to the pandemic

«АрселорМиттал» инвестирует $1 млрд в экомодернизацию до 2032 года (c) facebook.com/mineconomdev
ArcelorMittal and the Ministry of Economy signed an investment memorandum

The Company plans to invest $1 billion in environmental modernization and production development under a Steel Billion program

Economic stagnation is a key risk for climate policy

A cut in emissions is impossible if it is not backed up by economic growth

Кабмин запретил ввоз ж/д колес из России в Украину
The Government banned imports of railway wheels from Russia

Wheel axles are also on the list of Russian goods banned from imports into Ukraine

Кабмин одобрил увеличение уставного капитала ЭКА на 1,8 млрд грн (с) shutterstock.com
The Government increased the authorized capital of ECA by ₴1.8 billion

Funding will be funneled through the issuance of additional government debt securities

The Cabinet of Ministers creates a working group to forge Ukraine’s position on CBAM

Olga Stefanyshyna, Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine, will be appointed as the Chairperson of the Working Group

The Government approves the National Economic Strategy 2030

The strategy envisages 20 main vectors of Ukraine’s development

The Ministry of Strategic Industries set 5 priorities for 2021

The Ministry plans to set up Defense Systems of Ukraine and Aerospace Systems of Ukraine holding companies

Украина с 25 января вышла из «жесткого» карантина
Ukraine moved to the ‘orange zone’ of quarantine restrictions staring 25 January

No ‘tough’ quarantine is expected in the spring so far

Кабмин продлил адаптивный карантин до конца года (c) unian.net
The Cabinet of Ministers prolongs the quarantine until the end of the year

The reason is the quarantine prevents a further increase in the country’s incidence rate

Кабмин принял сразу четыре постановления о рынке парниковых газов(c) shutterstock.com
Three Resolutions on greenhouse gas emission allowances were adopted at once

This has marked the next step in the introduction of greenhouse gas allowances in the country

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