National Energy and Climate Plan Achieved 59% Completion

The implementation level of 144 policies in the National Energy and Climate Plan has increased from 48% to 59% over the past two years. The government plans to move towards the implementation of specific investment projects as part of the green transition and modernization of the economy. To coordinate the execution of the NECP, the Office of the Green Transition and the relevant sector in the ministry are working. A digital monitoring system for the plan's implementation has been introduced, and the first integrated report on its execution has been prepared. The updated NECP takes into account new macroeconomic and energy forecasts and clarifies Ukraine's goals until 2030, including a reduction in greenhouse gas emissions by more than 65% compared to 1990 levels. The document also outlines measures for decarbonization, energy efficiency, strengthening energy security, continuing market reforms, and attracting investments. The implementation of the NECP is linked to Ukraine's Euro-integration commitments. The next step will be to fill the plan with specific projects involving private and international financing. In June, the Cabinet updated the NECP to 2030, considering military risks and the needs for restoring energy infrastructure.

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