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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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Polish climate minister says Ukraine needs war reparations from Moscow.

Anna Moskwa Photo Credit: Reuters Anna Moskwa Photo Credit: Reuters
Anna Moskwa Photo Credit: Reuters Anna Moskwa Photo Credit: Reuters

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On Wednesday, Polish Environment Minister Anna Moskwa said democratic nations should force Russia to pay Ukraine war reparations and terminate all financial and commercial links with Moscow.

During an energy conference in Zagreb, Croatia’s capital, Moskwa stated, “We need to have Ukraine reimbursed from Russian Federation as much as possible.”

“Dignified recompense for everything, for energy, for energy infrastructure, for every single human being, for environment, for everything was lost and impacted,” she said.

The Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) met with US and European government officials and corporate investors to explore how to assist Ukraine in repairing its electricity system and migrating to sustainable energy.

In October, Russia bombed Ukraine’s energy infrastructure, leaving millions without electricity and heat for days.

Much of Ukraine has below-freezing winters.

Ukrainian Energy Minister German Galushchenko claimed that, despite losing 50% of the energy infrastructure, Ukraine had restored electricity to all users.

Jennifer Granholm, U.S. Secretary of Energy, said the Russian invasion had unified the free world in backing Ukraine, stabilizing the global energy system, and accelerating renewable energy that can make countries energy self-sufficient.

Granholm added, “Clean energy will allow our area and the rest of the globe to diversify from Russian energy – it is home-grown and secure.” First, however, the business sector and governments must lead the shift.

Jake Levine, DFC chief climate officer, said DFC investments might generate over $1 billion in private sector assistance for Ukraine’s economy.

Moskwa said democratic governments must learn from Russia’s 2014 conflict in Ukraine, after which they maintained “business as usual” with Moscow.

“Stop the commerce with Russian Federation… if we don’t want Latvia, Estonia, Poland, Lithuania or any other European nation attacked like Ukraine was twice previously,” she warned.

 

 


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