The Ukraine National Commission on Securities and Stock Market held a working meeting with international organisations and experts on developing Ukraine’s green bond market, focusing on practical steps to enable initial issuances. The discussion positioned green bonds as a way to mobilise capital-market funding for green projects in a context where project finance from banks is largely absent. The Commission noted that a legislative framework is already in place, including a dedicated regime for green bonds, disclosure requirements and verification rules, but that the lack of practical issuance cases remains the main market challenge. Participants included representatives from the PROGRESS project (GIZ), EU4ClimateResilience, the Organisation for Economic Co-operation and Development and the Embassy of Germany in Ukraine; partners referenced analytical work, approaches to a green taxonomy and pilot instruments for the agricultural sector. Possible use cases discussed included renewable energy and agriculture. Participants agreed on the need to shift from discussion to implementation and to continue working with businesses to prepare and deliver the first green bond transactions in Ukraine.
Ukraine National Commission on Securities and Stock Market 2026-04-09
Ukraine National Commission on Securities and Stock Market convenes partners to move green bonds from rulebook to first issuances
The Ukraine National Commission on Securities and Stock Market held a working meeting with international organisations and experts on developing Ukraine’s green bond market, focusing on practical steps to enable initial issuances. While a legislative framework for green bonds is already in place, participants highlighted the absence of practical issuance cases as the main challenge and discussed potential use cases in renewable energy and agriculture. They agreed to move from discussion to implementation and work with businesses to prepare the first transactions.