- COVID-19 may have exposed weaknesses in current business models but it has renewed efforts to create a green economy.
- Ukrainian energy sector must embrace this new reality and adapt to be part of a resilient, sustainable economy.
- Clear regulatory rules are needed to define economic opportunities and ensure positive change.
The pandemic poses unprecedented challenges at the global and national scale. It shows the vulnerability of political systems and business models. Although comprehensive analysis takes time, it’s already clear that the pandemic has created opportunities to rebuild the economy more sustainably: the Great Reset, which indicates the path to rewire the world’s economic foundations, focusing on creating long-term sustainable value. The global nature of the pandemic means that such a path is open for all, not just for a select few countries. The energy sector will be a frontrunner of the transition to a resilient green economy.