Introduction of the EU's Carbon Border Adjustment Mechanism (CBAM) could lead to some $2.7 billion in investment losses for Ukraine between 2026 and 2030, according to an updated estimate from steel industry consultancy GMK Center.
In addition, potential export losses during the same period are projected at $4.7 billion. The estimates are based on 2024 data.
Dozens of banks in Ukraine have approved a combined 10 billion hryvnias ($240 million) in financing of energy solutions to help the country sustain the constant attacks on its grid since signing a voluntary accord on energy resilience months ago, a senior banker said. "The banks, maybe more than
Three high-power autotransformers, two funded by Japan and one by Sweden, have been delivered to Ukraine's state-run energy transmission system operator Ukrenergo, the United Nations Development Programme (UNDP) said on Tuesday.
The State Agency of Ukraine for the Management of the Exclusion Zone and the state-owned operator of Ukraine's nuclear power plants, Energoatom, are expected to soon sign a deal to start installing small modular reactors at Chernobyl Exclusion Zone, said the head of the agency, Hryhoriy Ishchenko.
France has pledged to provide €10 million for the International Chernobyl Cooperation Account, managed by the European Bank for Reconstruction and Development (EBRD), to help restore safety at the site.
