## Ukraine: Selected Issues Paper

_IMF Staff Country Reports, December 11, 2023_

## Source details

**Canonical URL:** [Ukraine: Selected Issues Paper](https://www.imf.org/en/publications/cr/issues/2023/12/11/ukraine-selected-issues-paper-542302)

## Other formats

- [Markdown version](/en/publications/cr/issues/2023/12/11/ukraine-selected-issues-paper-542302/index.md)
- [Structured JSON version](/en/publications/cr/issues/2023/12/11/ukraine-selected-issues-paper-542302/index.json)
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## Bibliographic details
- Published: December 11, 2023
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400261657.002

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### Main findings
- The paper focuses on policies to address climate change in Ukraine.
- The war has been a setback to continued progress on Ukraine’s climate objectives.
- Over the longer term, Ukraine has potential to implement policies that internalize climate-related priorities as well as reconstruction, macroeconomic stability, and social protection priorities.
- Ukraine is vulnerable to climate change from substantially warmer temperatures and more volatile rainfall patterns that may arise under more severely adverse climate scenarios.
- Essential investments in climate change adaptation will need to be taken with a view toward avoiding debt vulnerabilities.
- Ukraine’s investment needs in this area are moderate sized.
- Ukraine should be in a position to make these investments over the longer term, including after debt sustainability has been restored, without causing debt vulnerabilities to re-emerge.
- Carbon pricing policies can help achieve climate objectives and deliver significant revenue generation.

### Policy recommendations and implications
- Prioritize climate change adaptation investments that are compatible with reconstruction, macroeconomic stability, and social protection objectives.
- Sequence adaptation investments to avoid creating new debt vulnerabilities, with attention to debt sustainability restoration timelines.
- Consider carbon pricing policies as a tool to both reduce greenhouse gas emissions and generate significant revenue.

### Vulnerabilities and scenarios
- Risks include substantially warmer temperatures and more volatile rainfall patterns under more severely adverse climate scenarios.
- Adaptation planning should account for these climate risks to safeguard reconstruction and social protection gains.

### Key publication statistics
- Pages: 21
- Volume: 2023
- Issue: 400
- Series: Country Report No. 2023/400
- DOI: https://doi.org/10.5089/9798400261657.002
- Stock No: 1UKREA2023004
- ISBN: 9798400261657
- ISSN: 1934-7685

*Source: Ukraine: Selected Issues Paper (IMF Staff Country Reports, 2023).*

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## Content in this bundle

- **Ukraine: Selected Issues Paper; IMF Country Report No. 23/400; December 4, 2023**
  - [Ukraine: Selected Issues Paper; IMF Country Report No. 23/400; December 4, 2023 (Markdown version)](/-/media/files/publications/cr/2023/english/1ukrea2023004.pdf.md){rel="alternate" type="text/markdown"}
  - [Ukraine: Selected Issues Paper; IMF Country Report No. 23/400; December 4, 2023 (PDF)](/-/media/files/publications/cr/2023/english/1ukrea2023004.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2023/12/11/ukraine-selected-issues-paper-542302_