Paris climate deal, which was joined by Ukraine, opened for the country a window of opportunity for modernization, economic development and environmental improvements. Ukraine announced a goal to reduce greenhouse gas emissions by 40% by 2030 relative to emissions in 1990.

Ukraine to 2020, to reach 11% renewable energy in final energy consumption, – Zubko

This was announced at the international conference on the implementation of the objectives of the Paris climate agreement, the Vice Prime Minister, Minister of regional development, construction and housing and communal services of Ukraine Gennady Zubko, reports Biznestsentr with reference to the press service of the Cabinet.

According to Zubko, the country adopted and actively implemented the national action plan for energy efficiency for the period up to 2020, the national action plan for renewable energy sources (RES), Energy strategy of Ukraine until 2035 developed by the Ministry of environment low-carbon development Strategy of Ukraine until 2050, initiated reform of energy efficiency.

"It is very important not only to determine quantitative indicators in National action plans and clearly defined tools which will be achieved quality indicators. We have a commitment by 2020 to reduce by 9% the energy consumption of the average 2005 to 2009. On the development of alternative energy, Ukraine now uses only 2.6% of all renewable energy sources. Our goal is by 2020 to achieve 11% usage of renewable energy in final energy consumption. And these ambitious goals we must achieve," said Zubko.

See also: In Ukraine all schools and kindergartens are bound to be energy efficient – Partskhaladze

He stressed that Ukraine is actively moving towards the use of renewable sources of energy. Only in the last three years 42% increased use of renewable energy.

"Ukraine is also moving towards implementation of energy efficiency in the residential sector. And this year, thanks to the world Bank, the Governments of Germany, the European Union, we introduce one of the key instruments – the energy efficiency Fund, which will help the housing sector to reduce up to 10 billion cubic meters of gas consumption from 18 billion to be consumed annually", - said Zubko.

Vice Prime Minister also informed that on 21 April 2018 in Washington, the European Union, international Finance Corporation (IFC, part of world Bank group) and the government of Germany signed an Agreement to establish a multi-donor Fund for co-financing of the Ukrainian Fund of energy efficiency. The agreement is aimed to help Ukraine to reduce energy consumption in the housing sector and to reduce greenhouse gas emissions. Multidonors the Fund will, together with the Ukrainian energy efficiency Fund to co-Finance projects to improve energy efficiency in apartment houses in Ukraine and provide expert support for the development of the market.

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