Environmental management in the industrial sector

Industrial restructuring has been delayed by the slow pace of market reforms. The country’s main challenge has been to diversify away from many of the industries that relied on government subsidies, are big environmental polluters and became even less viable after traditional export markets collapsed. Privatization and foreign investment have proceeded more slowly in Ukraine than in Central and East European (CEE) countries, and privatization methods have reportedly lacked transparency. Privatization of small enterprises is by now almost complete, but privatization of large industrial enterprises has progressed at a slower pace (at the beginning of 2006, 5,849 out of total 6,874 large enterprises in main industries have been privatized). Foreign direct investment (FDI) inflows are low, and Ukraine’s business environment remains unattractive to foreign investors.

Sustainable Development Goals:

Climate Action