Accelerating NDC and promoting sustainable bioenergy, agri and land-use practices in Ukraine

For a transition to a low-carbon economy in Ukraine, a faster implementation of the NDC is necessary. The Project aims to accelerate Ukraine’s NDC implementation while promoting the uptake of investments in sustainable bioenergy, agri and land-use practices. It contributes to low carbon transition by helping to achieve NDC targets, mobilising domestic and international climate finance and unlocking bioenergy potential through a combination of capacity, policy and investment support. Specifically, the Project will strengthen the enabling environment to incentivise the uptake of investments in sustainable bioenergy, soil productivity and sustainable land management practices. The project supports the Government of Ukraine in implementing the sector level policies and priority actions to meet the adopted economy-wide reduction target of 65 percent by 2030.

Project data

Countries
Ukraine
IKI funding
17,500,000.00 €
Duration
12/2021 till 06/2027
Status
open
Implementing organisation
European Bank for Reconstruction and Development (EBRD)
Political Partner
  • Ministry of Environmental Protection and Natural Resources - Ukraine

State of implementation/results

EBRD is providing ongoing support to Ukraine and the EBRD-IKI programme is a key pillar to the Bank's climate finance strategy in the country. The EBRD is in active dialogue with key counterparts to support maintaining momentum on climate policy priorities for the EU Accession process.

Latest Update:
07/2024

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