Ukraine’s Sustainable Finance Platform – A Milestone for Climate‑Resilient Growth
The platform, which is supported by the IKI, mobilises private capital for climate action and strengthens entrepreneurial activities in Ukraine.
On 4 December 2025 Ukraine took a crucial step toward a greener, more resilient economy with the launch of the Sustainable Finance Platform (SFP). The platform embodies the concrete results of long-standing partnerships between the International Climate Initiative (IKI), the Ukrainian authorities and the project Capacities for Climate Action – also known as the Ukrainian Climate Office (UCO) – co-financed by the IKI and the EU.
The goal: mobilising private capital for climate action
The initiative’s primary aim is to promote sustainable‑finance ecosystems that can mobilise private capital for climate action. The Sustainable Finance Platform directly advances that goal by creating a coherent, transparent framework that aligns Ukraine’s financial system with the EU Sustainable Finance Agenda. Precisely the kind of market‑based climate finance that IKI seeks to nurture. This alignment reduces regulatory fragmentation, builds investor confidence and opens the door to international green‑bond markets.
Moreover, the platform strengthens Ukraine’s resilience under the extraordinary pressures of ongoing conflict. By embedding climate finance principles, SFP strengthens entrepreneurial activity and job creation even in crisis conditions—the focus of the IKI in climate-resilient economies.
Translating abstract EU requirements into concrete instruments for practical application
At the heart of the platform are four thematic sub‑groups that have already been set up:
- non‑financial reporting on the European Sustainability Reporting Standards,
- the EU taxonomy,
- ESG (Environment, Social, Governance) benchmarks and
- sustainable financial instruments.
Each group is charged with translating EU directives and regulations into practical standards and roadmaps for Ukrainian companies and regulators. By doing so, the Sustainable Finance Platform turns abstract EU requirements into tools that can be used on the ground, paving the way for green bonds, sustainability‑linked loans and other climate‑smart financial products.
The next steps towards establishing the platform
Soon the core composition of the platform will be finalised, and by early 2026 quarterly coordination meetings will begin. These meetings will monitor progress, align terminology across ministries and ensure that the sub‑groups deliver concrete outputs on schedule. Regular stakeholder‑engagement seminars, scheduled every six months, will keep the wider business community, civil‑society organisations and international partners informed and involved. As a result of this work, a State of Sustainable Finance in Ukraine Annual Report will be published each year.
Strategic vision forward
By strengthening policy coherence, improving legislation and promoting resilient entrepreneurship, the platform aims to attract sustainable investment and underpin long‑term economic stability as Ukraine advances on its path to EU integration.
For the International Climate Initiative, the Sustainable Finance Platform stands as a flagship example of how targeted support can translate into lasting, climate‑aligned financial infrastructure - an achievement that promises to inspire further efforts across the region.
Background information:
The Sustainable Finance Platform is hosted by the Secretariat of the Cabinet of Ministers under the umbrella of the Office of the President of Ukraine. The platform is supported by the Sustainable Finance Unit of GIZ and the Ukrainian Climate Office, which is part of the IKI project ‘Supporting Ukraine on its path to an ambitious and integrated climate policy’.
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