Business news from Ukraine

More than 100 projects have been submitted within first tenders of Romania-Ukraine cross-border communities development program.

Within the first competitions of the NEXT Romania-Ukraine cross-border communities development program for the period 2021-2027, 120 projects with a non-refundable value of EUR87 million have been submitted, according to the project’s press service.

The press service of the Romanian Ministry of Development, Public Works and Administration told Interfax-Ukraine that the submitted projects include 153 partners from Romania and 158 from Ukraine.

The Interreg NEXT Romania-Ukraine program has a budget of EUR54 million in grant funds, to which the national contribution will be added. Projects that will benefit border communities in Satu Mare, Maramures, Botosani, Suceava and Tulcea counties (Romania), as well as in Ivano-Frankivsk, Zakarpattya, Chernivtsi and Odessa regions (Ukraine) will be eligible for funding.

According to the press service, a call for standard projects (projects with an infrastructure component of at least EUR500,000) was announced in August 2023. EUR12.6 mln allocated for this competition will be used for investments in healthcare and education. Within the framework of the competition 49 projects were submitted, the grant value of which is EUR60 mln.

The Small Projects Competition was launched in September 2023. This competition has a budget of EUR14.5 million, which will be directed to measures on climate change prevention and control, biodiversity conservation, health, education and border management. Seventy-one projects were submitted, with a total value of EUR27 million in grant funds.

According to the press service of the Romanian Ministry of Development, Public Works and Administration, the most applications – 29 standard and 13 small – were submitted in the direction of ensuring equal access to health care and increasing the sustainability of health care systems, including primary health care, as well as promoting the transition from institutional to family-based care.

The second most popular focus area is educational. 20 standard and 17 small projects were designed to improve equitable access to inclusive and quality education, training and lifelong learning services through the development of accessible infrastructure.

15 small projects focused on improving the protection and conservation of nature, biodiversity and green infrastructure, including in urban areas; 13 small projects focused on disaster risk prevention, strengthening resilience through ecosystem approaches.

Border crossing management was addressed by 13 small projects submitted.

The projects will be subjected to an evaluation and selection procedure in the following period.At this stage, a detailed analysis of the submitted projects is underway and the results of the selection process will be presented tentatively in early summer, with contracts ideally signed by the first quarter of 2025, but “the actual duration of the process will also depend on the quality of the applications submitted and the number of clarifications required”.

All submitted projects will go through two stages of evaluation: eligibility and quality. Applications that pass all these stages will be subject to approval by the Monitoring Committee (a joint structure composed of members from both countries).

Funding will be awarded to projects that best meet the requirements of the Applicant’s Guidelines and that will actually contribute to community development in the border region.

Interreg NEXT, the EU’s cooperation programs with neighboring regions, comprises 184 regions with a population of 260 million people in 33 countries and is located along the EU’s external borders from the northern periphery to the Mediterranean region and from the Atlantic to the Black Sea basin.

Interreg NEXT cooperation programs for the period 2021-2027 include EUR1.1 billion from the European Regional Development Fund (ERDF), the Neighborhood, Development and International Cooperation Instrument (NDICI) and the Instrument for Pre-Accession (IPA).

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SWITZERLAND WILL INVEST IN UKRAINIAN PROJECTS TO MITIGATE IMPACT OF CLIMATE CHANGE

Switzerland will invest in public and private projects to reduce greenhouse gas emissions in various fields of activity of Ukraine: infrastructure, construction, transport, energy.
The relevant agreements were reached between Minister of the Environment of Switzerland Simonetta Sommaruga and Minister of Environmental Protection of Ukraine Ruslan Strilets during the Ukraine Recovery Conference in Lugano (Switzerland).
“We have made the first practical step for Ukraine to introduce market mechanisms of the climate agreement, create new climate financing channels in Ukraine and incentives for green development for Ukrainian business… I am convinced that the agreement between our governments is a good start for the ‘green’ post-war reconstruction of Ukraine and the achievement of climate goals under the Paris Agreement,” the minister said on Facebook on Monday.
Strilets clarified that Ukraine had pledged to provide Switzerland with verified results of reducing carbon emissions into the atmosphere in return for the investments received.

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UKRAINE WILL INTENSIFY PARTICIPATION IN FIGHT AGAINST CLIMATE CHANGE

President of Ukraine Volodymyr Zelensky took part in the International Climate Ambition Summit, which took place online on December 12, the presidential press service reported.
“This year, the event was attended by more than 70 heads of state and government, who recorded short video appeals outlining the ‘new and ambitious’ commitments of their states under the Paris Climate Agreement,” a message posted on Sunday morning reads.
In his video address, Zelensky said that this year Ukraine was particularly affected by climate change: prolonged droughts destroyed crops in a number of regions, large-scale forest fires in the east and devastating floods in the west. “Every inhabitant of the planet already feels the breath of global warming and suffers losses due to a passive attitude to climate policy,” the President stressed.
According to him, Ukraine has consistently adhered to its commitments to effectively implement the Sustainable Development Goals – 2030 and international climate agreements.
“In preparation for the Conference of the Parties to the Paris Agreement in Glasgow, we are working on a second nationally determined contribution. On this basis, we consider the target for greenhouse gas emissions in 2030 in all sectors of Ukraine’s economy in the range from 36% to 42% compared to 1990, i.e. a reduction of 58-64%,” Zelensky said.
In addition to the new commitments under the Paris Agreement, Ukraine is also working to improve the mechanisms of state financial support for climate policy, the President informed.
“Ukraine also seeks to align its climate policy and legislation with the European Green Deal. We are stepping up cooperation with the EU in the areas of energy efficiency, development of hydrogen energy and renewable energy sources, fair transformation of the coal sector and development of a national greenhouse gas emission allowance trading system,” the President noted.
“Ukraine’s long-term goal is to achieve carbon neutrality. We will make every effort to minimize the time to achieve this goal,” he added.
Also, according to the Head of State, Ukraine continues the process of revising its Energy Strategy, which provides for the development of renewable energy and gradual replacement of fossil fuels, including coal.
“We have started preparing a framework strategy for adaptation to climate change in Ukraine until 2030. The document will coordinate the work of various authorities at the national and local levels. Ukraine is and will remain one of the active and responsible participants in the global process of combating climate change and protecting the environment,” the President stressed.
The International Climate Ambition Summit 2020 is dedicated to the fifth anniversary of the Paris Climate Agreement (2015) and preparations for the next UN Climate Change Conference (COP26), which will be held in Glasgow, UK, in November 2021.
The event will be chaired by British Prime Minister Boris Johnson, French President Emmanuel Macron, Italian Prime Minister Giuseppe Conte, Chilean President Sebastian Piñera and UN Secretary General Antonio Guterres.
Under Article 4 of the Paris Agreement, parties are required to report their Nationally Determined Contribution every five years, indicating progress relative to their current contribution, and reflecting the most likely ambition and respective capabilities in light of national circumstances. According to Ukraine’s first nationally determined contribution to the Paris Agreement, the country has committed itself not to exceed 60% in 2030 of its 1990 greenhouse gas emissions (or a 40% reduction since 1990, excluding the “Land Use, Land-Use Change and Forestry”).