Unlocking Ukraine’s Green Potential:
Carbon Markets as Catalysts for Ukraine’s Green Recovery
In Partnership with Mercy Corps, we have produced a comprehensive analysis of the Ukrainian market preparedness for VCM integration. This paper explores how voluntary carbon markets (VCMs) can help drive Ukraine’s postwar recovery and energy transition by unlocking green finance for renewable energy and sustainable recovery projects
The ongoing war has caused significant harm to Ukraine's environment and infrastructure, hampering climate progress and increasing dependence on fossil fuels. Additionally, the destruction of energy facilities has been especially. This situation raises concerns that quickly ramping up traditional power plants could to a reliance on carbon-intensive energy sources with a risk of Carbon Lock-In
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Voluntary Carbon Markets (VCMs) mechanisms can help make sustainable energy investments more financially attractive
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The paper illustrates how carbon finance can Ukraine's post-recovery by funding renewable energy systems, agriculture-based biofuel, and reforestation efforts. These initiatives promote decarbonization, draw international green finance, and link local project developers with global, including through Article 6.2 of the Paris Agreement