Ukraine needs more than € 100 billion to reduce emissions to 35%
27 Jul 2021

Ukraine needs more than € 100 billion to reduce emissions to 35%

Ukraine needs more than € 100 billion in capital investment over the next 10 years to reduce emissions to 35% of 1990 levels.

The Prime Minister of Ukraine Denis Shmygal said this during a speech at the Ukrainian Energy Forum, ukrinform.ua reports.

"We have been actively involved in shaping the Ukrainian green exchange rate, which we want to synchronize with the European green exchange rate, and we are making a lot of efforts to do so," he said. to reduce emissions to 35% of 1990 levels: the Ministry of the Environment estimates that we will need more than € 100 billion in capital investment over the next 10 years. ”

He reminded that Ukraine has certain obligations to reduce emissions of pollutants, especially heat generation.

"The relevant re-equipment will cost more than 4 billion euros," said the prime minister. "Given that thermal generation provides the necessary maneuvering capacity for the power system, this is a challenge that we are strategically addressing at the state level."

He assured that the development of the gas market, synchronization with the European energy system and the development of the gas market is also one of the tasks for the government.


Source: https://ecotown.com.ua

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