DiXi Group presented the Energy Transparency Index at the Open Government Partnership Global Summit in Tallinn
DiXi Group Senior Analyst Bohdan Serebrennikov presented the Energy Transparency Index at the Open Government Partnership Global Summit in Tallinn.
The expert presented the Ukrainian and international versions of the Index during the panel discussion «A Just and Open Government for the Energy Transition», as well as the results of the research conducted during 2018-2022.
The five-year experience of applying the Index demonstrated gradual progress in the transparency of Ukraine’s energy sector during 2018-2021, when the indicator gradually increased from 43 points (D-, insufficient transparency) to 63 points (C, medium transparency).
However, the full-scale war with Russia broke the steady positive trend and caused a sharp drop in transparency – to 39 points (F, unacceptable transparency). This drop was 75% due to the introduction of legislative amendments to restrict information disclosure during martial law and 25% due to other factors, including the loss of capacity of the public authorities and energy market participants to collect, process, and publish data.
DiXi Group Senior Analyst announced that the research will continue in 2023-2024.
«The research results will form the basis for developing targeted recommendations to public authorities and energy companies to advocate for improved transparency and accountability in the energy sector, even during martial law. Without them, it will be extremely difficult to build trust in the “state-business-society” triangle, as well as to attract the necessary aid and large-scale investments from our international partners, which will be critically needed to ensure a “green” recovery of Ukraine’s economy and build a sustainable, clean and affordable energy sector,» Serebrennikov said.
The Energy Transparency Index was developed by DiXi Group for regular comprehensive assessment, analysis and advocacy of transparency and accountability in the energy sector.
We are grateful to the Open Government Partnership (OGP) for organizing the Summit and for the opportunity to present a tool for assessing the openness of the energy sector in Ukraine and other countries, as well as to emphasize the importance of such independent initiatives.
