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    Home > Headlines > Ukraine plans $44 billion claim against Russia for wartime emissions
    Headlines

    Ukraine plans $44 billion claim against Russia for wartime emissions

    Published by Global Banking and Finance Review

    Posted on November 18, 2025

    2 min read

    Last updated: January 20, 2026

    Ukraine plans $44 billion claim against Russia for wartime emissions - Headlines news and analysis from Global Banking & Finance Review
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    Tags:CompensationClimate Changesustainabilityfinancial community

    Quick Summary

    Ukraine plans to claim $44 billion from Russia for increased emissions due to war, marking a historic move in climate damage claims.

    Ukraine Pursues $44 Billion Claim Against Russia for Emissions

    By Simon Jessop

    BELEM, Brazil (Reuters) -Ukraine plans to seek nearly $44 billion from Russia for the damage linked to an increase in climate-warming emissions from the ongoing war, a government minister told Reuters.

    The move marks the first time a country is claiming damages for such an increase in emissions, including from the fossil fuels, cement and steel used in fighting the war, and from the destruction of trees through resultant fires.  

    "A lot of damage was caused to water, to land, to forests," said Pavlo Kartashov, the country's deputy minister for economy, environment, and agriculture. 

    "We have huge amounts of additional CO2 emissions and greenhouse gases," Kartashov told Reuters in an interview on the sidelines of the COP30 climate summit in Brazil.

    A member of the Russian delegation at COP30 declined to comment. 

    Dutch carbon accounting expert Lennard de Klerk estimated the war had generated about 237 million tons of additional CO2-equivalent emissions since Russia's invasion of Ukraine in February 2022, nearly equal to the annual emissions for Ireland, Belgium and Austria combined. 

    De Klerk told Reuters he had helped Ukraine to calculate the damage figure based on a 2022 study in Nature estimating the so-called social cost of carbon, an estimate of damages to society from CO2, at about $185 a ton.

    He said Ukraine was preparing to submit a claim through a new compensation process being set up by the Council of Europe that has already received some 70,000 claims by Ukrainian individuals for wartime damages.

    All the claims, including any filed by other legal entities such as companies, will then be decided by a claims commission.

    It remains unclear where the compensation will come from. De Klerk suggested that the billions of dollars in frozen Russian assets could be used in covering the claims.

    (Reporting by Simon Jessop and Sebastian Rocandio; Editing by Katy Daigle and Nia Williams)

    Key Takeaways

    • •Ukraine seeks $44 billion from Russia for wartime emissions.
    • •First country to claim damages for increased emissions due to war.
    • •War generated 237 million tons of additional CO2 emissions.
    • •Compensation process set up by the Council of Europe.
    • •Potential use of frozen Russian assets for compensation.

    Frequently Asked Questions about Ukraine plans $44 billion claim against Russia for wartime emissions

    1What is climate change?

    Climate change refers to significant changes in global temperatures and weather patterns over time, primarily driven by human activities such as burning fossil fuels, deforestation, and industrial processes.

    2What is CO2 emissions?

    CO2 emissions are carbon dioxide gases released into the atmosphere, primarily from burning fossil fuels for energy, which contribute to global warming and climate change.

    3What is compensation in finance?

    Compensation in finance refers to the payment or reimbursement for damages, losses, or injuries, often determined through legal processes or negotiations.

    4What is the Council of Europe?

    The Council of Europe is an international organization founded to promote democracy, human rights, and the rule of law in Europe, which also addresses issues like climate change and environmental protection.

    5What are greenhouse gases?

    Greenhouse gases are gases that trap heat in the atmosphere, contributing to the greenhouse effect and climate change. Major greenhouse gases include carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O).

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