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and 2021. According to REN21 executive director Rana Adib, the Russian invasion of Ukraine and its spillover effect on neighboring countries has undermined renewable energy production in the short term. At the same time, it sheds new light on the benefits of a rapid transition to green energy and may trigger a surge in the region’s installation of renewable energy sources.
9.1.11 Metallurgy & mining sector news
Five mineral deposits will be developed in Transcarpathia.Permits for developing five mineral deposits were sold at an auction in Transcarpathia. The permits were sold for more than UAH 9.9M, according to the Zakarpattia OVA website. According to OVA, the auction was conducted by the State Geology and Subsoil Service on the Prozorro auction platform. Special subsoil use permits were awarded for five out of six lots that were presented. These are the Znyatsivsk, Kvasivsk, Chabanivsk, Chabanivsk, Nizhnyokoropetsk, and Onotsk deposits. Geological study and research and industrial development of the minerals will be carried out in order to further extract the granite, clay, and fusible clay.
9.1.12 Other sector news
Ukraine’s forest industry will be reformed. 158 state forestry enterprises will be united into a single state specialized enterprise, Forests of Ukraine. Instead of 24 forestry and hunting interregional offices, there will be nine regional offices, the Ministry of Environment reported. The reform will resolve the present conflict of interests within the forestry sector. The State Forestry Agency will have control functions, and the newly created enterprise will have economic functions. One of the tasks of the reform is to retain professionals in the forest industry with a decent salary, which will reduce the level of corruption. Also, the document states that it is forbidden to privatize state-owned forests, and 100% of the Forest of Ukraine’s shares belong to the state. The new reform will also provide an opportunity to attract European investment for the development of the industry and will allow profits not only through the harvesting and processing of wood but also through the development of recreational facilities and the production of eco-products.
66 UKRAINE Country Report October 2022 www.intellinews.com