NSSMC presented approaches to sustainable finance development

A webinar “Supporting the Development of Sustainable Finance in Ukraine” was held, focusing on key instruments for sustainable recovery: green, social, sustainable bonds, and bonds linked to sustainable development (GSSS bonds). The event was part of a series of events aimed at strengthening the foundations for the financial market in Ukraine and sustainable financing for post-war recovery.

Elizaveta Revilo, Director of the NSSMC Strategic Development Department, presented the objectives of the Commission’s Roadmap on Sustainable Financial Instruments and outlined the Commission’s regulatory plans. Priorities include combating greenwashing, transparency, verification, standardized criteria for issuers, and integration of international approaches.

Participants discussed attracting private capital to Ukraine’s green recovery, in particular through the use of GSSS bonds. The relevant legislative framework has been in the process of development.

The webinar was organized by the Sustainable Finance Unit of GIZ Ukraine and the C4CA/Ukrainian Climate Office project. International experts, representatives of government agencies, municipalities, banks, and the treasury took part in it.