The Recovery of Ukraine Energy Sector: A Call for Support and Collaboration with Municipalities

by Centre for Environmental Initiatives “Ecoaction”, NGO Ecoclub, Razom We Stand, CEE Bankwatch, Greenpeace, RePower Ukraine, Energy Act for Ukraine Foundation

Sustainable recovery planning has already started in many regions around Ukraine. It is time for international partners to cooperate with Ukrainian municipalities and explore various models to finance clean energy projects.

This brief outlines the current state of play in the field of green energy recovery in Ukraine. It recommends foreign governments, international partners, and national authorities to partner with local communities and rebuild the energy sector. The main objective is to boost local communities’ energy resilience by providing loans, equipment rental, leasing, grants and co-financing mechanisms.

The energy sector is of particular importance and offers a set of advantages to start with the immediate reconstruction: projects in renewable energy sources and energy efficiency for municipal sector infrastructure are already bankable. They help to increase resilience of communities in war time during power outages and lead to decentralisation. Despite all challenges induced by the war, such as the migration of inhabitants and work forces, as well as the lack of resources, municipalities are conscious of the necessity to “build back better”.