UK Ambassador and Ukraine Economic Minister Inaugurate Green Transition Office
- Date: 2024-11-08 12:41
- Source: UK News and communications
Kyiv, Ukraine – The United Kingdom’s Ambassador to Ukraine, Her Excellency Melinda Simmons, and Ukraine’s Minister of Economy, Yulia Svyrydenko, jointly launched the Green Transition Office (GTO) in Kyiv today.
The GTO is a bilateral initiative established to support Ukraine’s transition to a green and sustainable economy. It will provide technical assistance, policy guidance, and investment facilitation to accelerate the country’s decarbonization efforts.
Speaking at the launch event, Ambassador Simmons said, “The UK is committed to supporting Ukraine’s post-war recovery and reconstruction. The Green Transition Office will play a crucial role in helping Ukraine build back better by creating a more sustainable and resilient economy.”
Minister Svyrydenko welcomed the launch of the GTO, stating, “Ukraine is determined to rebuild as a modern, green country. The Green Transition Office will provide invaluable support as we develop and implement policies that promote economic growth and environmental protection.”
Key Functions of the Green Transition Office:
- Provide technical assistance on policy design and implementation related to energy efficiency, renewable energy, and green investment.
- Facilitate partnerships between Ukrainian and UK businesses, research institutions, and government agencies in the green economy sector.
- Support Ukraine’s participation in international climate finance initiatives and attract investments for green transition projects.
- Monitor progress and evaluate the impact of green initiatives in Ukraine.
The GTO is expected to play a significant role in helping Ukraine achieve its climate commitments, including:
- Reducing greenhouse gas emissions by 65% by 2030 compared to 1990 levels.
- Increasing the share of renewable energy in electricity generation to 70% by 2030.
- Improving energy efficiency in buildings, industry, and transportation.
The UK Ambassador and Ukraine Economy Minister emphasized that the GTO is a long-term initiative that will contribute to the economic and environmental sustainability of Ukraine in the years to come. The office will be staffed by a team of experts from the UK and Ukraine with a deep understanding of green transition policies and practices.
UK Ambassador to Ukraine and Minister of Economy of Ukraine launch the Green Transition Office
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