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Thursday, March 23, 2023

Russia must pay reparations to Ukraine

The world’s democracies must force Russia to pay reparations to Ukraine for the war in Ukraine and sever all financial and economic ties with Moscow, Poland’s Climate Minister Anna Moskva said on Wednesday.

“We must get maximum compensation from the Russian Federation to Ukraine,” Moskova told an energy conference in Zagreb. “It should be worthy compensation for everything, for energy, for energy infrastructure, for every person, for the environment, for everything that has been destroyed and suffered.”

The Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) meeting brought together government officials and private investors from the United States and Europe to discuss how to help Ukraine rebuild its energy system and switch to clean energy.

Recall that during the Russian attacks on Ukrainian infrastructure, about 50% of the entire energy system was damaged, but Ukraine managed to restore electricity to all consumers in the country, said the Ukrainian Minister of Energy. ‘Energy, German Galushchenko.

Energy Secretary Jennifer Granholm says the Russian invasion has united the free world in support of Ukraine and the stabilization of the global energy system, and accelerated the transition to clean energy that can make countries self-sufficient in energy.

“Clean, domestic and secure energy will allow this region and the rest of the world to diversify away from Russian energy,” Granholm said, adding that the transformation must be led by the private sector and supported by governments.

The US International Development Finance Corporation (DFC) has already committed $1 billion to Ukraine, said Jake Levin, DFC’s climate director.

“We think we can support Ukraine with $1 billion in private money,” Levin said.

According to Anna Moskva, the democracies should have learned a lesson from the war in Ukraine in 2014, after which they continued “as if nothing had happened” with the Russian Federation.

“What we need is to stop doing business with the Russian Federation… if we don’t want Latvia, Estonia, Poland, Lithuania or any other European country be attacked, as Ukraine has already been attacked twice,” she said.

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