The Green Phoenix Framework: Climate-Positive Plan for Economic Recovery in Ukraine

Emerging from the ashes of war, Ukraine will stand at a critical economic crossroads, facing the challenge of sustainable and resilient economic recovery. Decisions taken will determine how infrastructure will be reshaped, which industries and sectors will develop on top of it, and what resulting greenhouse gas emissions profile the country will have in the long term. Clarity about Ukraine’s net zero vision is required to ensure that the projected multi-billion investment ($750bn) will go into productive, net zero compatible assets to avoid massive regret in a decade. Although a rapid return to normalcy is essential, locking in the wrong type of future is dangerous.