Ukraine's involvement in the formation of the European green course in the early stages, as well as participation in related international alliances, will open for both the country and businesses the opportunity to become an important player in the new economic paradigm of the European Union. At the same time, this will allow the Government to convey the warnings of Ukrainian business to EU partners and respond to the difficulties of our economy on the path towards a green transition. This was stated by Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna during a public discussion "European Green Deal and the Challenges of Decarbonisation."
"Today, Ukraine is the only country that is officially launching a dialogue with the EU on joining the European Green Deal, and this dialogue is already yielding certain results. In particular, Ukraine has become a participant in the consultations on the Border Carbon Adjustment Mechanism - an initiative of the European Commission on the taxation of non-environmental products supplied to EU markets. We have also stated from the beginning that the European Green Deal is part of the Association Agreement and, in addition, is part of our joint commitment in the framework of a Free Trade Area with the EU. And now we see that for third countries that have a similar format of relations, an individual approach can be applied in the border tax policy," said Olha Stefanishyna.
According to her, the best mechanism for Ukraine's accession to the European Green Deal would be to participate in the development of European legislation at an early stage as an observer of committees preparing EU acts.
The Deputy Prime Minister also noted that one of the economic priorities is Ukraine's accession to the Alliances, which are created on the basis of the European Green Deal. Among those are the Hydrogen Alliance, the Battery Alliance, the Industrial Alliance, and the Environmental Initiatives Alliance. This could be a new breakthrough for Ukraine and Ukrainian business.
"In a sense, this is a new policy towards third countries, because there is no special binding to borders. The main goal is to create new supply chains and reorient production. Currently, according to each of the Alliances, Ukraine is considered a priority country. The role of business is also very important in this matter, as the Alliances are not limited to the participation of state institutions - they can be joined by large corporations, companies and associations. And now is the best time to join these initiatives, hold consultations and negotiations," urged Olha Stefanishyna.
Summing up, the Deputy Prime Minister noted that a properly developed roadmap for Ukraine’s participation in the European Green Deal would serve promotion of this policy not only at the state level, but for the interested business as well.