The Ministry of Development named the funding volume for the program of transformation of coal regions.

The Ministry of Development named the funding volume for the program of transformation of coal regions
The Ministry of Development named the funding volume for the program of transformation of coal regions

Ukraine will allocate ₴30 billion for the Program of Transformation of Coal Regions. The Power4JustTransition program is planned for funding until 2030 and will cover 38 new communities, involving 2.2 million residents. German partners also support the idea of including communities from regions where coal-based thermal generation operates. An important aspect is the openness of the processes and the joint work of the authorities, communities, and businesses, avoiding sudden reforms.

A significant amount of funding is being allocated for the transformation of coal regions. Ukraine's plans include gradual and synchronized changes by 2030. The start of the Power4JustTransition program indicates active steps towards engaging a large number of communities and residents to achieve the overall goal.

The news states that Ukraine plans to allocate substantial funds for the transformation program of coal regions by 2030. This program includes not only financial support but also an important aspect - the collaborative work of authorities, communities, and businesses to avoid sudden reforms. The initiation of the Power4JustTransition program indicates active steps towards transforming coal regions into more sustainable and green development.


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