As of August 1, 2021, ten banks issued 1,917 loans to small, medium and micro-businesses (SME) through portfolio government guarantees totaling UAH 5.007 billion, the Ministry of Finance reported.
“Liabilities on the principal debt, which are partially secured by state guarantees on a portfolio basis, amounted to UAH 2.316 billion. This is about 59% of the total limit of guarantees provided in 2020 (UAH 3.93 billion),” the Ministry of Finance said on its website.
According to it, in July this year, banks provided 122 such loans for a total of UAH 735 million with a share of the state’s liabilities of UAH 306 million.
In terms of the number of loans issued, PrivatBank is in the lead – 945 loans for UAH 859 million in total, which is 100% of the limit of such guarantees provided to the bank in 2020. The second largest bank is Oschadbank – 680 loans for UAH 2.036 billion, according to the data of the Ministry of Finance.
“The program is in the greatest demand in Kyiv, where, in total, 151 loans were issued for UAH 542 million. In Lviv and Dnipropetrovsk regions, which are among the top three, these figures are 136 loans (UAH 340 million) and 129 (UAH 300 million),” the ministry said.
By type of economic activity, most of the loans, partially secured by state guarantees on a portfolio basis, were issued in the areas of wholesale and retail trade (675), agriculture (558) and processing industry (277).
On 28-30th September 2021, the high-level international investment conference Energy Week Black Sea will take place in a hybrid format: offline in Bucharest, Romania and online.
The event is organised by a UK-based consultancy Invest in Network in partnership with Romanian Energy Center (CRE).
The largest renewables conference in the region for the second year will bring together government authorities, local companies from Romania, Bulgaria, Ukraine, Georgia, and Turkey, as well as IFIs, DFIs, and foreign private investors to discuss RES policies for the energy transition, financing renewable energy, solar & storage, on & offshore wind, green hydrogen, regional interconnection and much more.
Investing in renewable energy in the Black Sea region is gaining momentum. Although the countries surrounding the Black Sea may differ in terms of politics and economic background, they are all very keen on increasing the share of RES. Cooperation and interconnectivity become keys in reaching this target.
The Energy Week Black Sea was launched in 2020 during tumultuous times for the events industry and nevertheless brought together the major energy companies from 20+ countries such as NBT, Scatec Solar, Grupo Cobra, Tractebel Engineering, Siemens Gamesa, Global Hydro, AGL, FMO, EBRD, IFC, KfW, DEG (KfW), Green For Growth Fund, Goldwind, IRENA, Mott MacDonald, Black Sea Trade and Development Bank, EDF, Eksim Investment Holding, Asian Development Bank, Enel, CE Oltenia, ROMGAZ, Electrica, Georgian Energy Development Fund, TRYBA ENERGY, EDPR Romania, Georgian National Energy and Water Supply Regulatory Commission (GNERC), State Agency on Energy Efficiency and Energy Saving of Ukraine, National Energy and Utilities Regulatory Commission (Ukraine), Republic of Turkey Energy Market Regulatory Authority, The Norwegian Water Resources and Energy Directorate, Electricity System Operator of Bulgaria and many others.
In 2021, the organisers are excited to return to offline events and invite all the interested companies to join the EWBS filled with networking opportunities as we step away from our screens. For international participants unable to travel this year the live footage will be streamed online to view and participate in any Q&A.
During the 2-day conference, participants will discuss reforms implemented by each country to foster or further scale up renewable energy deployment, how individual countries attract investors in global competition, suitable support schemes and policy reversals in some countries, as well as will address intermittency and energy security issues. The conference will be followed by the technical visit and a cultural programme.
Interfax-Ukraine is the Media Partner of the event.
Learn more on the event’s official website www.bsenergyweek.com or contact the organisers for details at info@investinnet.com
National bank of Ukraine’s official rates as of 28/08/21
Source: National Bank of Ukraine
The Ministry of Environment Protection and Natural Resources of Ukraine, together with six other ministries (the Ministry of Finance, the Ministry of Energy, the Ministry of Agrarian Policy, the Ministry of Infrastructure, the Ministry of Economy, the Ministry of Regional Development) and the Office for the Coordination of European and Euro-Atlantic Integration, began developing a roadmap for key transformations for the implementation of the Updated Nationally Determined Contribution to the Paris Agreement (NDCs ).
“Today, one of the main tasks of the Ministry of Environment in the field of climate change is to develop an operational plan of measures for the implementation of NDCs in order to strengthen internal coordination and monitoring of the implementation of climate goals, as well as to expand cooperation with international financial organizations and partners,” the ministry’s press service quoted Minister of Environment and Natural Resources of Ukraine Roman Abramovsky as saying.
According to him, the government and international partners must understand how Ukraine will fulfill its climate goals and what kind of support is needed for this.
The concept presented by the minister states that, according to the decision of the NSDC (the National Security and Defense Council), the Cabinet of Ministers must, by January 30, 2022, develop and approve a plan of measures for the implementation of NDCs, the concept of attracting financial resources, as well as the concept of compliance of projects and programs financed from the central and local budgets with the climatic goals of NDCs.
As reported, in accordance with NDCs, Ukraine must reduce greenhouse gas emissions by 65% from 1990 levels by 2030. This goal was set and approved by the Cabinet of Ministers decree of July 30, 2021.
Ukraine is in the process of the next stage of evacuation from Afghanistan, Ukrainian Foreign Minister Dmytro Kuleba said.
“The civilian sector of the Kabul airport has stopped working. The private plane, which Ukraine has agreed on, was the last civilian plane that took off from this airport before it closed a few days ago, just on August 23. But the military part of the airport is working, and we are now in stages of the next stage of evacuation, I cannot disclose the details yet, but there will be news soon,” Kuleba said on the air of the Ukraine 24 television channel on Friday.
The foreign minister said the Kabul military airport should also be closed by August 31. According to him, after August 31, the evacuation from Afghanistan will continue, “but it will no longer be necessary to negotiate with the Americans and the British, who currently control the military airport, but directly with the Taliban or those countries that the Taliban define as mediators for this process.”
Kuleba said that now Ukraine does not and cannot have relations with the Taliban, because in most countries of the world this organization is recognized as a terrorist one.
“We do not maintain diplomatic ties with them, but, surely, for the sake of the life and safety of citizens, for example, if there is a Taliban checkpoint in front of the airport, and we need to bring a car with Ukrainian citizens to the airport, then, of course, there are working channels, on which we are resolving these issues with the Taliban. But this in no way testifies to their international recognition,” he said.
Kuleba also recalled that about 90 Ukrainian citizens are awaiting evacuation from Afghanistan.