The fair transformation of coal regions doesn’t imply closing mines, but social responsibility, new investments, new opportunities and the development of innovative sectors of the economy. Prime Minister Denys Shmyhal stated in a statement at the IV International Coal Conference "Coal Regions of Ukraine: Fair Transformation and Coal Mining. Ukrainian and International Experience".

According to the Head of Government, the abandonment of fossil fuels and the transition to climate neutrality is a long-term process, and therefore the fair transformation of coal regions must be well planned as well as comprehensive.

"This year, with the support of our international partners, we will launch two pilot projects - in Chervonohrad and Myrnohrad. Meanwhile, we are also planning to trigger several more projects in those mines that are technologically subject to closure and further transformation," said Denys Shmyhal.

The Prime Minister stressed that with the support of the World Bank and the Government of Germany, Ukraine will gain the best experience and technologies for the fair transformation of coal regions.

"The success of the transformation of the coal regions of our country directly depends on the involvement of all participants in the process: from local authorities to international partners. Together, we must develop a universal model for the reconversion and restoration of mining regions, thereby creating new opportunities for their residents and investors," the Prime Minister summed up.