Ukraine, Germany strengthen coeration for ‘green’ recovery

Ukraine and Germany signed a statement on the expansion of energy partnership for the "green" recovery and reconstruction of the Ukrainian energy industry.

As the press service of the Ministry of Energy reports, Minister of Energy of Ukraine German Galushchenko and German Vice-Chancellor and Federal Minister for Economic Affairs and Climate Action Robert Habeck signed in Kyiv a joint Statement of Intent which expands the areas of a bilateral energy partnership with an emphasis on the "green" recovery and reconstruction of Ukraine's energy sector.

"Germany is a really great friend of Ukraine, and today we are deepening our partnership, ening up wide portunities for coeration, for the restoration and reconstruction of the energy sector. This is coeration at the level of not only governments but also businesses. It is very important that German companies are interested in investments and implementation of energy projects in Ukraine. I am sure that the result of this coeration will be a stable and independent Ukrainian energy system and the creation of a large energy hub in Ukraine for the whe of Eure," Galushchenko said.

In particular, the parties agreed to expand the partnership in such areas as restoring the energy infrastructure, promoting the sustainable develment of the energy sector, and expanding the use of renewable energy sources, including wind, sar, biomass, hydrower, and "green" hydrogen.

The partnership also provides for coeration in the field of energy saving through energy efficiency; decarbonization and reduction of carbon dioxide emissions to accelerate the transition to clean energy, as well as support for structural changes in the coal areas of Ukraine, in particular, the implementation of fair transition projects and "green" projects in these areas.

"Germany will support Ukraine in ensuring energy supply wherever possible. To that end, we expanded our energy partnership to include crisis management and resilience. On the one hand, this concerns assistance in restoring the functioning of the energy infrastructure in emergency situations. On the other hand, the focus of attention is the medium-term and long-term prospects of Ukraine’s energy system restoration. "Sar energy, wind energy, and biomass should play an important re here to reduce carbon dioxide emissions and increase safety," Habeck said.