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Pavlenko: Problem of Decarbonization Can be Used for Economic Development

11 September 2020
Pavlenko: Problem of Decarbonization Can be Used for Economic Development

The Government should form a list of potential projects for cooperation within the framework of the Roadmap for cooperation between Ukraine and the EU in implementing the green course

 

Ukraine is not a leader in decarbonization of the economy, but it is not an outsider. Thus, it has every chance to turn the problems of decarbonization into new opportunities for economic development.This opinion was expressed during the hearings on the topic European Green Deal in the Parliamentary Committee on Ukraine’s Integration with the EU by DiXi Group President Olena Pavlenko.

“All countries are differently prepared to respond to the global trend of combating climate change. Countries that have relied on their fossil resources are usually less prepared for such changes. Countries that develop renewable energy are more prepared,” Pavlenko said.

According to her, Ukraine is not a leader in this process, but the situation is not so terrible.

“If Ukraine finds the resources and builds a quality long-term policy, it has every chance to turn the problems of decarbonization into new opportunities for economic development. I believe that the EU Green Deal is just an opportunity for Ukraine to find and mobilize such resources,” the expert said.

In particular, the European Commission plans to attract up to 1 trillion investments over the next ten years to achieve the goal of climate neutrality.

“Scientific developments, business innovations will be focused on this goal, and agribusiness or industry will look for ways to increase their efficiency. And if we become part of such processes in the EU, Ukraine will change together with the European Union, not after it,” Pavlenko emphasized.

As the expert reminded, the Ukrainian Government has developed the Roadmap for cooperation between Ukraine and the EU in implementing the Green Deal.

“Our next step is to form a list of potential projects for cooperation on the basis of the Roadmap. The more specific the Ukrainian party is, the more substantive the cooperation between us and the European Union will be ... If Ukraine can form such a document for the EU-Ukraine Summit, it will be a clear signal not only for all of us, but also for European partners, that Ukraine not only has the ambition to join the Green Deal, but is also ready to move towards this goal in practice,” the expert added.


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