| Willy Brandt School of Public Policy, Global Public Policy

How to derisk investment into a green future for Ukraine? MPP project group presents pro-bono Capstone consulting report to Energy Community Secretariat

Against the backdrop of an ongoing war, private investors are deterred by the risk of destruction, which adds to the economic uncertainty that comes with clean energy projects. MPP students presented their proposal for designing a future multi-donor fund for de-risking and greening investments in Ukraine.

The Green Horizon Fund for Ukraine (GHF4U) proposed by the second-year MPP student team - Novita Andari, Sourav Dhungana, Benjamin Fox, Julia Korn, William McNeill, Agatha Moar, Sharmaine Salazar, and Aditi Tyagi - aims at derisking green electricity infrastructure projects to make them ‘bankable' for private investment. The team, which worked under the supervision of Professor Andreas Goldthau, generated their proposal for the Energy Community Secretariat, an international organization in Vienna. During a two-day site visit they engaged in discussions with legal professionals from various backgrounds at the organization, and had in-depth conversations with experts, including at the United Nations Industrial Development Organization’s Regional Bureau for Europe and Central Asia and their Ukraine desk, as well as the UN’s SEforAll.  As their final capstone report stresses, the fund “shifts attention away from a band-aid approach to mid- to long-term solutions. […] It builds forward, towards an adaptable and green Ukrainian horizon.”

To learn more about the project group's results, read their capstone report here.