{
  "title": "Policies to Address Climate Change: Ukraine",
  "publication": "Selected Issues Papers, February 5, 2024",
  "sourceUrl": "https://www.imf.org/en/publications/selected-issues-papers/issues/2024/02/05/policies-to-address-climate-change-ukraine-544431",
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  "summary": "While the near-term priorities are national defense and macroeconomic stabilization, gradually incorporating climate change considerations into policy design will become increasingly important after the war and into the long term.",
  "sections": [
    {
      "heading": "Executive summary",
      "content": "- While the near-term priorities are national defense and macroeconomic stabilization, gradually incorporating climate change considerations into policy design will become increasingly important after the war and into the long term.\n- As regards climate change adaptation, investments will need to be made with a view to maintain long-term debt sustainability.\n- Policy reforms will be needed to move to a low-emissions economy to deliver international commitments and achieve the broader objective of European Union accession.\n- Potential exists to deliver on climate priorities alongside implementing recovery and reconstruction efforts, while maintaining macroeconomic stability, and ensuring social protection and equity."
    },
    {
      "heading": "Near-term priorities and sequencing",
      "content": "- National defense and macroeconomic stabilization are the immediate priorities.\n- Climate considerations should be gradually incorporated into policy design once near-term stabilization and security priorities allow."
    },
    {
      "heading": "Climate change adaptation and fiscal considerations",
      "content": "- Investments for climate change adaptation must be planned and executed with attention to maintaining long-term debt sustainability.\n- Fiscal planning should integrate adaptation needs to avoid jeopardizing macroeconomic stability."
    },
    {
      "heading": "Transition to a low-emissions economy",
      "content": "- Policy reforms are required to achieve a low-emissions economy.\n- Reform objectives include delivering international commitments and supporting the broader objective of European Union accession."
    },
    {
      "heading": "Integration with recovery and reconstruction",
      "content": "- There is potential to align climate priorities with recovery and reconstruction efforts.\n- Implementation should ensure:\n  - Maintenance of macroeconomic stability.\n  - Preservation of social protection and equity."
    },
    {
      "heading": "Thematic subjects and keywords (as presented in source)",
      "content": "- Climate change, Climate finance, Environment, Greenhouse gas emissions, International organization, Monetary policy\n- Keywords: address climate change, B. GHG emission, carbon pricing, climate change adaptation, Climate finance, debt sustainability, Europe, Greenhouse gas emissions, long-term debt sustainability, policy reform, Ukraine\n\nSource: Policies to Address Climate Change: Ukraine — https://www.imf.org/en/publications/selected-issues-papers/issues/2024/02/05/policies-to-address-climate-change-ukraine-544431\n\n---\n\n Content in this bundle\n\n- Policies to Address Climate Change, Ukraine; Selected Issues Paper No. 2024/001; December 4, 2023\n  - Policies to Address Climate Change, Ukraine; Selected Issues Paper No. 2024/001; December 4, 2023 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policies to Address Climate Change, Ukraine; Selected Issues Paper No. 2024/001; December 4, 2023 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/selected-issues-papers/issues/2024/02/05/policies-to-address-climate-change-ukraine-544431"
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    "Authors: Geoffrey N. Keim, Mariia Sydorovych",
    "Published: February 5, 2024",
    "Series: Selected Issues Papers",
    "DOI: https://doi.org/10.5089/9798400266416.018",
    "While the near-term priorities are national defense and macroeconomic stabilization, gradually incorporating climate change considerations into policy design will become increasingly important after the war and into the long term.",
    "As regards climate change adaptation, investments will need to be made with a view to maintain long-term debt sustainability.",
    "Policy reforms will be needed to move to a low-emissions economy to deliver international commitments and achieve the broader objective of European Union accession.",
    "Potential exists to deliver on climate priorities alongside implementing recovery and reconstruction efforts, while maintaining macroeconomic stability, and ensuring social protection and equity.",
    "National defense and macroeconomic stabilization are the immediate priorities.",
    "Climate considerations should be gradually incorporated into policy design once near-term stabilization and security priorities allow.",
    "Investments for climate change adaptation must be planned and executed with attention to maintaining long-term debt sustainability.",
    "Fiscal planning should integrate adaptation needs to avoid jeopardizing macroeconomic stability.",
    "Policy reforms are required to achieve a low-emissions economy.",
    "Reform objectives include delivering international commitments and supporting the broader objective of European Union accession.",
    "There is potential to align climate priorities with recovery and reconstruction efforts.",
    "Implementation should ensure:",
    "Climate change, Climate finance, Environment, Greenhouse gas emissions, International organization, Monetary policy",
    "Keywords: address climate change, B. GHG emission, carbon pricing, climate change adaptation, Climate finance, debt sustainability, Europe, Greenhouse gas emissions, long-term debt sustainability, policy reform, Ukraine",
    "**Policies to Address Climate Change, Ukraine; Selected Issues Paper No. 2024/001; December 4, 2023**"
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