Access to Private Finance for Green Investments

Energy Efficiency and Renewable Energy Financing in Ukraine

image of Access to Private Finance for Green Investments

This report provides a case study for the development of sustainable energy lending in Ukraine. It reviews the macro-economic and political context for green investments in Ukraine, before looking in more detail at the role and capacity of the banking sector. The study is part of a wider OECD project promoting access to private finance for green investments in the EU Eastern Partnership (EaP) countries, and follows on from a regional assessment undertaken in 2015. This work forms part of the “Greening Economies in the European Union’s Eastern Neighbourhood” (EaP GREEN) programme, which aims to support the six Eastern Partnership countries to move towards a green economy by decoupling economic growth from environmental degradation and resource depletion.

English Ukrainian



Commercial banks have an important role to play in providing access to green finance. However, under the current market conditions in the EU Eastern Partnership (EaP) countries, their involvement remains limited. Generally, commercial banks have only established specific environmental credit lines when supported by International Finance Institutions (IFIs), and only a small number continue to offer such products once IFI support is withdrawn. Learning from the design and implementation of such credit lines can provide useful insights into what could be done to increase the capacity and willingness of the banking sector to finance green investments.


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error