Journal
УКР   ENG
Socio-Economic Problems
of the Modern Period of Ukraine
   



Collection SEPSPU -- sep2026.03.020

Repository of Institute of Regional Research UDC 330.322:352:620.9:502.131.1; JEL H54, H72, Q48, Q58, R58
Patytska, Kh. O., & Melnyk, V. A. (2026). Yevropeys'kyy zelenyy kurs i reforma upravlinnya publichnymy investytsiyamy: intehratsiya enerhetychnoho planuvannya v investytsiynyy tsykl terytorial'nykh hromad [The European green deal and public investment management reform: integrating energy planning into the investment cycle of territorial communities]. Sotsial'no-ekonomichni problemy suchasnoho periodu Ukrayiny [Socio-Economic Problems of the Modern Period of Ukraine], 3(175), 20-30. [in Ukrainian].
Sources: 20

Authors



Patytska Khrystyna Olehivna

Ph.D. of Economics, Senior Researcher

Senior Researcher of the Department of regional financial policy of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: pelechata@meta.ua

Webpages:



Melnyk Vladyslav Andriyovych

Doctor of Philosophy

Leading Engineer of the Department of regional economic policy of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: melnyk.vlad22@gmail.com

Webpages:

Resume

The article examines the integration of green transition objectives into the public investment management system of Ukrainian territorial communities through local energy planning. It argues that the ongoing public investment management reform creates opportunities to shift the focus from assessing the environmental compliance of individual projects to incorporating energy and climate objectives into the entire investment cycle, from setting strategic priorities and developing portfolios to preparing and assessing individual investment projects. Particular attention is paid to the role of the Local Energy Plan as an information and analytical basis for identifying investment priorities, quantifying energy and climate objectives, assessing investment needs, forming project portfolios, and defining parameters for the selection and comparison of alternative technical solutions. Two interrelated systemic challenges are identified. The first concerns the insufficient capacity of territorial communities, particularly smaller ones, to develop and implement high-quality Local Energy Plans and their limited access to specialized expertise in energy, climate, environmental issues, investment analysis, and the assessment of technical alternatives. Based on a survey of territorial communities in the Western Macroregion of Ukraine and an analysis of European Union practices, the article substantiates the need for a multi-level system of expert and technical support. Such a system should combine the managerial capacity of local governments with systematic access to supra-municipal expertise and dedicated support for investment project preparation. The second challenge concerns the insufficient alignment of Local Energy Plans with the strategic planning system and the lack of a clearly defined mechanism for translating their objectives, indicators, and identified investment needs into public investment priorities and specific project decisions. The article proposes mechanisms for coordinating Local Energy Plans with territorial community development strategies, medium-term priority public investment plans, and project portfolios. Particular emphasis is placed on establishing a coherent cycle linking development strategies, Local Energy Plans, medium-term public investment planning, project portfolios, and individual public investment projects. The article also identifies approaches to using local energy planning parameters to operationalize the cross-cutting strategic objectives of energy efficiency and climate change response across different public investment sectors. This would allow green transition objectives to be embedded throughout the public investment management system rather than implemented through a separate group of green projects.

Keywords:

public investment management, European Green Deal, Local Energy Plan, territorial communities, strategic planning, project portfolio, energy efficiency, climate resilience

References

    
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