Ukrainian ministers discuss the green path

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GLASGOW, Nov 01, 2021 (GLOBE NEWSWIRE) – Ukrainian Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna, as well as business leaders from Ukraine’s energy and energy sectors food, spoke today at an event in the blue zone of COP26. The meeting was moderated by Chatham House, the Ukrainian Association of Business and Commerce, the Office of the Deputy Prime Minister for European and Euro-Atlantic Integration, and the Ministry of Foreign Affairs of Ukraine, and supported by DTEK and MHP. The event examined how Ukraine intends to achieve the Sustainable Development Goals and the country’s role in supporting the campaign towards net zero across Europe by 2050.

The Deputy Prime Minister opened the discussion by referring to Ukraine’s climate agenda and ambitious targets. She was interviewed by Professor Tim Benton, Director of the Environment and Society Program at Chatham House.

Deputy Prime Minister Olha Stefanishyna said: “The generational challenge we face is how we are changing the way our economies and societies are structured so that our children and grandchildren have a sustainable environment in which to live and , above all, prosper. We are beyond talking about “why?” Now is the time to get down to the smallest details of the “how.” That is why it is so important that we have here leaders from the main business sectors of Ukraine talking about their plans to achieve the ambitious goals that our government is setting itself to tackle climate change.

“It is also important that global players begin to form new post-carbonization market rules. This will ensure the sustainability and good resilience of economies in the process of green transformation.

After the Deputy Prime Minister, a round table was held with representatives of the government and senior management of Ukrainian companies, who presented and discussed the necessary measures to achieve the climate goals and the means to implement them.

The speakers were: Iryna Stavchuk, Deputy Minister of Environmental Protection and Natural Resources; Dmytro Los, chairman of the board of directors of UBTA; Maxim Timchenko, CEO of DTEK; Oleksandr Dombrovskyi, vice president of MHP, president of MHP Eco Energy; and Antony Froggatt, Principal Investigator and Deputy Director, Chatham House Environment and Society Program.

Iryna Stavchuk said: “It is essential that we decarbonise our economy: this process is integrally linked to the modernization of the Ukrainian economy and our society. It is also a central element of our European integration obligations. We need to reshape our economy to ensure that we use all of our natural resources in a sustainable manner. And for that to happen, we need to have domestic and foreign investments in place. That is why it is so important that we have continued constructive cooperation between government and business. “

Dmytro Los from UBTA, which represents the interests of Ukrainian exporters, said: “Ukrainian companies fully support the European green course. We are ready to actively participate in these “green transformations”, taking into account the real situation in the country, including in Crimea and the war in the East. In addition, domestic enterprises are ready to join in the establishment of national sectoral transformation programs of the “Green Agreement”, which will lead to the sustainable development of Ukrainian enterprises and society.

“As practice shows, the synergy of business and government creates effective solutions. The approval of the second defined national contribution of Ukraine (NVV-2) and the development of a roadmap for the transformation of food systems are two good examples. At the same time, Ukrainian companies are surviving in a very difficult environment and are now facing serious financial problems given the high interest rates of Ukrainian banks. It is only with the help of financial programs created by global financial institutions, including those of the EU, that companies will be able to take real steps towards decarbonization and respond to global trends of “green deals” .

DTEK is the leading private investor in the Ukrainian energy sector. Maxim Timchenko said: “The current task is to adapt and diversify, as quickly as possible and in a controlled manner. The planet is in real danger: it is time to act. The main challenge is to act with caution to avoid disruption. paradox at the heart of our global challenge. DTEK is at the forefront of the development of new wind and solar energy installations, placing Ukraine in a leading position in European decarbonisation dynamics. Ukraine’s first energy storage systems, built by DTEK, are designed to improve company productivity and boost development of the entire Ukrainian energy sector. DTEK is striving to achieve carbon neutrality by 2040. There is still a long way to go, but mutual actions are already being taken for a sustainable future.

Oleksandr Dombrovskyi, Vice President of MHP, which is a leading Ukrainian farm producing poultry and meat products, added: “Food, environmental and energy security are key elements of the formula for the survival of humanity and the planet. mission as a contribution to solving the problem of world food security, and each of our actions must not harm the environment. We understand that the world, and those of us who live in it, must be transformed to implement the “green” economy model. And it is important to work on this immediately as time is of the essence. At MHP, we are already actively implementing concrete approaches, including the introduction of innovations, the use of renewable energies, the implementation of the circular economy model, the use of new energy efficiency technologies. Our ambitious goal is to become a climate neutral and energy independent company by 2030. To implement this plan, we need to engage with government, state support and partnership with businesses and associations which have the same ambitions. “

Antony Froggatt said: “Ukraine is the second largest country in Europe, by area, so everything that happens there has a major impact on the region. And Ukraine also has abundant natural resources, which places it in a strong position to lead the transition to renewable energy. energy. It is very encouraging to see the worlds of politics and business come together to bring about real change. “

The event successfully brought together Ukrainian government and business leaders to discuss the challenges and opportunities arising from the green transition.

About DTEK

DTEK Group is Ukraine’s leading energy company and the largest private investor in the country’s energy sector. DTEK companies generate electricity in solar, wind and thermal power plants, produce coal and natural gas and market energy products in Ukrainian and international markets, providing energy efficiency services to customers; and the development of high-speed charging station networks.

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