The EBRD launched the Climate Innovation Vouchers Programm

as an innovative instrument to allow Ukrainian companies, from climate technology developers to those who seek to use them to reduce their impact on the environment or reduce energy costs, to finance their climate innovations. Climate Innovation Vouchers are grants that help companies to cover 75 percent of the eligible service costs, up to €50,000 (excl. VAT). Companies are expected to provide co-financing of at least 25 percent of the total service costs from their own sources.

Ukrainian PM & EBRD Managing Director hold consultations.

 Prime Minister Denys Shmyhal and European Bank for Reconstruction and Development Managing Director for Eastern Europe and the Caucasus, Matteo Patrone, met on September 6 to discuss the state of reforms and support for them. The Prime Minister said the government is “planning to focus on public administration reform, improving the investment and business climate, privatization and corporate governance reform, coordinating the green course, and continuing land and anti-corruption reform.” In addition, it’s launching the second level of the pension

The EBRD has signed with Ukraine’s Gas Transmission Operator an agreement to collaborate on developing green hydrogen production, storage, and distribution infrastructure across Ukraine

, the development bank reports. “Ukraine relies heavily on fossil fuels across all sectors of its economy and hydrogen can represent a good alternative for decarbonization, and reduce reliance on fossil fuels,” said Harry Boyd-Carpenter, EBRD Managing Director for Green Economy and Climate Action. Sergiy Makogon, CEO of the Operator, said: “The challenge is to develop technology to scale up hydrogen use, to create the necessary conditions and infrastructure for its production, transportation, and consumption.”

Next month, a $100 million, 33-silo grain handling terminal is to be completed at Odesa port

, reports Ports of Ukraine news site. Partly financed by the EBRD and constructed by Brooklyn-Kiev and Louis Dreyfus Company, the Franco-Dutch food processing firm, the complex will launch Brooklyn-Kiev into the ranks of Ukraine’s top five grain handling terminals. The new terminal can store 241,000 tons at one time and will has an annual shipping capacity of 4 million tons. For comparison, Ukraine is expected to export 56 million tons of grain this year.