The United States and Germany have reached an agreement on the Nord Stream 2 pipeline. While the deal is unlikely to satisfy Congress, Ukraine, or others in Europe, it does address real vulnerabilities in Ukraine's energy system. Germany will put $175 million into a Green Fund for Ukraine, aiming to mobilize $1 billion for renewable energy, energy efficiency, and the diversification of Ukraine’s energy system. Germany will also provide funds for bilateral projects, and set up a program to increase Ukraine’s resilience to physical and cyber disruptions.
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