The Program will take a comprehensive, three-pronged approach to strengthening ESG practices across firms, markets, and regulatory frameworks in Ukraine, with a primary focus on building capacity at the firm and market levels. By working with companies, financial institutions, market intermediaries, and regulators, the Program aims to support improvements in sustainability performance, help enable investment opportunities, and promote alignment with international standards. At the firm level, the Program will support companies and financial institutions in strengthening ESG practices through targeted capacity-building assistance. This may include structured programs such as ESMS, SME, and CG accelerators and/or tailored individual engagements, with the objective of improving ESG performance and supporting access to finance. At the market level, the Program will help build the capacity of local intermediaries such as consulting firms, training institutions, industry associations, and professional networks to deliver ESG advisory and training services. By strengthening local knowledge and skills, the Program seeks to support the continuation of ESG capacity building beyond the Program period and to encourage diversity and inclusion in corporate leadership. At the regulatory level, the Program will engage with relevant authorities and market institutions, including central banks, stock exchanges, and capital market regulators, to support the development and adoption of improved ESG-related standards and practices.