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Ukraine

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Last Updated:
10/28/2025
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Timeline

  • 2025
    Framework Development
    • NSSMC issues the Sustainable Finance Roadmap 2025-2030

  • 2024
    Framework Development
    • NSSMC issues the Recommendations for the selection of environmental projects for their full or partial financing and/or refinancing with proceeds

    • NSSMC issues the Recommendations on the preparation of environmental impact reports for environmental projects that are fully or partially financed and/or refinanced with proceeds from the placement of green bonds

  • 2021
    Framework Development
    • NSSMC adopts the Environmental, Social, and Governance (ESG) Supplement to the Corporate Governance Code (CG Code) to support companies in implementing the sustainability provisions of the CG Code

    • NBU launches Ukraine’s Sustainable Finance Development Policy 2025

    • NBU approves an amendment to reflect the ESG and sustainable finance aspects in its Corporate Governance Regulation for Banks

    • NSSMC issues the Recommendations on the Implementation or Financing of Environmental Projects through the Issuance of Green Bonds 

    Research and Engagement
    • NBU and NSSMC hold a coordinating discussion on developing Ukraine’s national sustainable finance framework, facilitated by SBFN and IFC

    • NSSMC is developing the ESG Scorecard, and ESG Disclosure Guidelines

  • 2020
    Research and Engagement
    • National Securities and Stock Market Commission of Ukraine (NSSMC) joins SBFN

    • National Bank of Ukraine (NBU) joins SBFN

    Framework Development
    • NSSMC issues the Corporate Governance Code