Ukraine presented an ambitious climate plan at COP29: what was promised to the world

As part of its environmental initiatives at the UN Climate Conference COP29, Ukraine presented a National Plan that contains a commitment to reduce greenhouse gas emissions by 65% by 2030 compared to 1990 and to achieve a 27% share of renewable energy sources in total energy consumption. UNN writes about this with reference to the Ministry of Economy of Ukraine.

Details

During the UN Climate Conference COP29, which is taking place in Baku from November 11 to 22, 2024, Deputy Minister of Economy Andriy Teliupa presented Ukraine’s National Energy and Climate Plan (NECP). The plan contains 140 specific measures and sets ambitious goals: to reduce greenhouse gas emissions by 65% by 2030 compared to 1990 and to achieve a 27% share of renewable energy sources in total energy consumption.

He also presented a large-scale investment portfolio designed to realize the goals of the NEC. It includes 260 projects worth about $50 billion and 140 public investment projects worth $28 billion. An institutional structure has been created to support the implementation of the plan: The Green Transition Office under the Ministry of Economy and an interagency working group. It is planned that the first  pilot projects will be presented  at the Ukraine Recovery Conference in 2025.

COP29 also discussed the role of the circular economy in achieving climate goals. The Deputy Minister of Economy emphasized that the Ukrainian government is determined to rebuild the country on the principle of “build back better” and therefore puts the circular economy and resource efficiency at the center of its industrial development strategy. This involves shifting from linear production and consumption models to circular ones, which not only reduces resource consumption, waste, and pollution, but also promotes inclusive and sustainable industrial development.

Recall

The UK has pledged to reduce greenhouse gas emissions by 81% by 2035 compared to 1990. Prime Minister Keir Starmer presented this goal at the UN Climate Change Conference in Baku.

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