Baltic Journal of Economic Studies (May 2023)
DANISH EXPERIENCE IN COMBATING CLIMATE CHANGE THROUGH PUBLIC-PRIVATE PARTNERSHIPS: IMPLICATIONS FOR UKRAINE
Abstract
Recently, the fight against climate change has become particularly topical on the international agenda, as protracted discussions have finally led to the development of specific mechanisms and plans for decarbonisation in most countries around the world. Today, Ukraine is suffering from a large-scale Russia invasion, which naturally raises questions about Ukraine's ability to meet its international climate commitments on time, given the ongoing hostilities and the destruction of many industrial and infrastructural assets. At the same time, the prospect of structural transformation of the economy during post-war reconstruction provides additional opportunities for Ukraine to meet its climate commitments and achieve a green transition. The purpose of this article is to generalise the Danish experience of introducing one of the most fruitful collaborations between business and government in the field of meeting government decarbonisation targets. The object of the study is the Danish system of public-private partnerships, embodied in sectoral climate partnerships created to develop recommendations for improving national climate policy and developing green transition roadmaps for each sector. The study is based on the application of a set of general and specific economic research methods, such as systemic and structural analysis, to identify and argue for specific areas of Danish PPPs in the climate sector that could be useful for application in Ukraine. The research results in a recommendation to create a climate platform on the basis of the Association of Employers of Ukraine. The article describes the structure and objectives of this platform, its main differences and similarities with foreign equivalents, taking into account domestic peculiarities.
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