O On 10th of July 2018, the Project UNIDO/GEF in cooperation with the State Agency on Energy Efficiency and Energy Saving of Ukraine organized the roundtable discussion on the future of “green” bond market in Ukraine. The participants discussed the world tendency of “green” bond issuance and perspectives of the implementation of this green financial instrument in Ukraine.
The Head of the State Agency on Energy Efficiency and Energy Saving of Ukraine Sergiy Savchuk delivered a speech about the vision of the Ukrainian government on introducing the “green” bonds market in Ukraine.
International experts have been represented by Selena Vento the Senior Relationship Manager of the international organization Climate Bonds Initiative, Martin Dashek the Senior Specialist in climate finance of International Financial Corporation and Iñigo Arencibia González the Specialist of the Energy Sector of European Investment Bank.
During the discussion, the participants emphasized on the main possible benefits of the Ukrainian "green" bond market and debated on the major challenges that could be faced by potential issuers of green bonds in Ukraine.
As a result of the roundtable, it was agreed to organize a platform that will unite all stakeholder in order to develop system solutions for the launching "green" bond market in Ukraine.
On July 10th, 2018 the Project "Improving energy efficiency and promoting renewable energy in agro-food and other small and medium enterprises (SMEs)" in cooperation with the State Agency on Energy Efficiency and Energy Saving of Ukraine will organize round table discussion on “Green Bonds as a mechanism for attracting investments in renewable energy and energy efficiency projects in Ukraine”.
The event is aimed to raise a discussion on the main ways of introducing of the green bond market in Ukraine and establishing a permanent dialogue with interested organizations in order to create an appropriate legal and regulatory framework.
Representatives of central executive authorities, banking institutions, enterprises, international financial organizations and international financial and technical assistance projects, non-governmental organizations and research institutions are invited to participate in the event.
The round table will be held in the building of the National Academy of Sciences of Ukraine at the address: Kyiv, Volodymyrska, str., 55 (3rd floor). Registration of participants according to the invitations starts at 9.30
Presentation of a new UNIDO’s project proposal in the scope of Global Environment Facility Programme
2nd July 2018, the workshop was held at the Conference Hall of the National Academy of Sciences where the UNIDO’s project proposal was presented for Global Clean Technology Innovation for SMEs Programme in the framework of Global Environment Facility (GEF). The workshop was attended by the representatives of UNIDO’s Headquarters, authorized representatives of the Ministry of Ecology, State Agency on Energy Efficiency and Energy Saving, State Finance Institution for Innovations as well as the consulting companies, the NGOs, in particular, Greencubator.
The Project is supposed to start in autumn 2018 and last for 3 years.
Mr. Carlos Shanduvi-Suarez, the Senior Coordinator, in his presentation outlined the GCIP’s key goals and objectives in Ukraine and articulated what kind of support is expected from the Government of Ukraine to launch the initiative. In its turn, Mr. Andreas Karner, the International Expert, presented the GCIP’s principal ideas, goals and components and mechanisms for its implementation in Ukraine.
Mr. Igor Kyrylchuk, National Coordinator, UNIDO/GEF Project, in his speech accented this Project is important for Ukraine as it would facilitate launching the generation of new innovative ideas and projects in Ukraine and give the opportunity to implement them.
The workshop participants discussed potential risks and benefits of the project implementation. Besides that the stakeholders deliberated on the details of cooperation between the governmental agencies and institutions under the UNIDO/GEF Project and what kind of assistance and support they can provide to each other.
The participants expressed their hopes in their final speeches the Project would enable finding sound projects to facilitate innovative and energy efficient development of the enterprises and the country in general.
You can downloads presentations of key speakers of the seminar 1on EE held 11.04.2018 below.
The necessity to improve the level of energy safety in Ukraine is defined as one of the key priorities of the state. Thus adoption of renewable energy sources as the part of the process of fuel switching from conventional fuel and energy resources is a basic element of current energy policy. At the same time, implementation of energy saving technologies and improving energy efficiency of the economy will contribute to improvement in the environment, greenhouse gases emission reduction as well as compliance with international commitments of Ukraine to prevent climate changes.
The practical evidence of such state policy in the sphere of renewable energy is the "Improving energy efficiency and promoting renewable energy in the agro-food and other small and medium enterprises (SMEs) in Ukraine" project initiated by the United Nations Industrial Development Organization (UNIDO) and the Global Environment Facility (GEF).
The key institution for the project implementation is the Institute of Renewable Energy of NAS of Ukraine. The public counterparts are the Ministry of Agrarian Policy and Food and the State Agency of Energy Efficiency and Energy Saving of Ukraine.
To develop a market environment for scaling up energy efficiencies and enhanced use of renewable energy (RE) technologies for fuel switching in the energy intensive manufacturing small and medium enterprises (SMEs) in Ukraine as a basis for promoting their competitiveness while ensuring an integrated approach for lower carbon intensity and improvement in the local environment.
The project is open for partnership. Your first step to mutual cooperation is filled questionnaire. Please, send it to us and we will contact you.
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