Ukraine’s national parliament passed the widely-backed Law 6229 ‘On ensuring transparency in extractive industries’ on 18 September 2018. The purpose of the law is to provide public with access to complete and objective information on extractive industries businesses’ payments to promote increasing of transparency, to prevent corruption, to change of negative attitude to extractive attitude to extractive industries and to increase interest of investors.
The major achievement of the adopted amendments is the legislative requirement to fully disclose all contracts between extractive companies and the government
Manager for Sustainable Development
Disclosure of resource extraction contracts is important for Ukraine’s compliance with international environmental conventions
Ukraine has time until July 2022 to submit a plan of action, including a time schedule, and until October 2023 to provide a detailed progress report.
expert of the DiXi Group project “Promoting Ukraine's Participation in the European Green Deal in the fields of energy and environment”
Despite multiple political statements supporting the European Green Deal and announced plans for the development of a joint with the EU Roadmap, Ukraine is moving in an opposite direction. These are the results of Energy Policy Tracker
The practice of procuring special extraction permits and then sitting idle on them for decades is unacceptable from the viewpoint of Ukraine’s energy independence and national security, raising budget revenues and the country’s investment attractiveness.
The EITI Board acknowledged Ukraine’s efforts concerning disclosure of beneficial ownership information, creation of an online EITI reporting portal, and the launch of EITI implementation monitoring and assessment at national level.