Ukraine Presents Major Clean-Energy and Decarbonization Projects to Swedish Investors
Ukraine unveiled a portfolio of green transformation projects worth $31.4 billion at the Ukraine’s Energy and Climate Investment Roadshow in Sweden to outline the country’s ambitions to reshape the national economy in line with the National Energy and Climate Plan 2030.
The Gaze reports this, referring to Ukraine’s Ministry of Economy, Environment and Agriculture.
The projects target a wide spectrum of sectors from renewable energy and energy efficiency to industrial decarbonization, Net Zero technologies, and the production of hydrogen and advanced nuclear equipment.
“Ukraine is determined to become a key player in Europe’s low-carbon future,” the ministry said, emphasizing that the proposals are designed to attract Swedish investors to long-term partnerships in sustainable energy and climate innovation.
The Office for the Green Transition presented new analytical findings on sectoral decarbonization, highlighting completed studies in agriculture and cement production, with forthcoming research to focus on metallurgy and waste management.
Special attention was devoted to steelmaking and mining, two industries pivotal to Ukraine’s alignment with the EU Carbon Border Adjustment Mechanism (CBAM).
Officials stressed that modernizing these sectors is “critical” as Ukraine seeks to join the EU Emissions Trading System (EU ETS) despite ongoing talks on temporary CBAM exemptions.
On the sidelines of the forum, Ukraine’s delegation met with Maja Lundbäck, State Secretary at Sweden’s Ministry of Climate and Enterprise, to discuss the creation of a joint financing fund for clean-energy and climate projects.
Both sides also agreed to expand insurance coverage for joint ventures to €160 million in 2026 through the Swedish Export Credit Agency (EKN).
Meetings with Swedfund International AB, the Swedish Energy Agency, and the Stockholm Environment Institute focused on scaling investment portfolios, technical cooperation, and knowledge exchange in renewable-energy deployment, industrial innovation, and climate policy.
Ukraine further invited Swedish companies to join the “Industrial Ramstein” initiative, which seeks to create cross-European industrial alliances in the defense and dual-use technology sectors.
The initiative builds on recent decisions by Ukraine’s Strategic Investment Council, which added 42 new projects and 4 programs, valued at over ₴1.1 trillion, to the country’s Unified Public Investment Portfolio.
As The Gaze reported earlier, Ukraine’s Foreign Intelligence Service stated that Moscow’s military campaign, combined with domestic mismanagement, is accelerating climate risks worldwide.