some-alt
DTEK
About DTEK
Go to: About DTEK Mission, vision, values New strategy 2030 History Contact us Privacy policy Cookie Policy
#FightForLight Standing with Ukraine Our people Awards and Recognitions
Our businesses
Go to: Our businesses DTEK ENERGY DTEK RENEWABLES DTEK OIL&GAS DTEK GRIDS DRI
MODUS X Academy DTEK D. TRADING D. SOLUTIONS
Sustainability
Go to: Sustainability Our sustainability journey Investing in green Environment Standing with Ukraine Our people Governance Policies
Investors
Go to: Investors Governance Sustainability Reports
News and Insights
Go to: News and Insights Media releases DTEK and Fluence project In the media Image library Video library Contact us
Careers
Go to: Careers DTEK community Jobs
Toggle High Contrast
EN
UA
Home page News and Insights Media releases

Media releases

  • Home page
  • News and Insights
  • Media releases
  • DTEK at COP26 emphasizes the importance of joint actions of business and the state for the decarbonization of the Ukrainian economy
01 November 2021, Ukraine
DTEK at COP26 emphasizes the importance of joint actions of business and the state for the decarbonization of the Ukrainian economy
PDF version
Download
download
Subscribe to our news linkedin
DTEK at COP26 emphasizes the importance of joint actions of business and the state for the decarbonization of the Ukrainian economy

Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration, Olha Stefanishyna, together with business leaders from Ukraine’s energy and food sectors, today addressed an event in the Blue Zone at COP26. The event examined how Ukraine aims to meet the sustainability goals and the country’s role in supporting the drive to net zero across the whole of Europe by 2050. The meeting was hosted by Chatham House, the Ukrainian Business and Trade Association, the Deputy Prime Minister’s Office for European and Euro-Atlantic Integration, and the Ministry of Foreign Affairs of Ukraine, and supported by DTEK and MHP.

  • COP26, ДТЕК, Максим Тимченко
  • COP26, ДТЕК, Максим Тимченко
  • DTEK at COP26 emphasizes the importance of joint actions of business and the state for the decarbonization of the Ukrainian economy. Picture 3
  • DTEK at COP26 emphasizes the importance of joint actions of business and the state for the decarbonization of the Ukrainian economy. Picture 4
  • COP26, ДТЕК, Максим Тимченко
  • DTEK at COP26 emphasizes the importance of joint actions of business and the state for the decarbonization of the Ukrainian economy. Picture 6
  • DTEK at COP26 emphasizes the importance of joint actions of business and the state for the decarbonization of the Ukrainian economy. Picture 7
  • COP26, ДТЕК, Максим Тимченко
  • DTEK at COP26 emphasizes the importance of joint actions of business and the state for the decarbonization of the Ukrainian economy. Picture 9
  • COP26, ДТЕК, Максим Тимченко
  • DTEK at COP26 emphasizes the importance of joint actions of business and the state for the decarbonization of the Ukrainian economy. Picture 11
  •  

The Deputy Prime Minister opened the discussion by talking about Ukraine’s climate agenda and the ambitious goals. She was interviewed by Prof. Tim Benton, Director of the Chatham House Environment and Society Programme.

Deputy Prime Minister Olha Stefanishyna said, “The generational challenge we’re facing is how we change the way our economies and societies are structured so our children and grandchildren have a sustainable environment in which to live and, importantly, thrive. We’re beyond talking about the ‘why?’ It’s now time to addresses the fine detail of the “how”. That’s why it’s so important we have leaders from Ukraine’s key business sectors here, talking about their plans to achieve the ambitious targets our Government is setting to combat climate change. It is also important that global players start forming new post-carbonization market rules. It will ensure sustainability and proper resilience of economies in the process of green transformation.”

After the Deputy Prime Minister, a panel discussion was held with government officials and the top management of Ukrainian businesses, which presented and discussed the measures needed to achieve climate goals and the ways to implement them.

The speakers were: Iryna Stavchuk, Deputy Minister for Environmental Protection and Natural Resources; Dmytro Los, Chairman of the Board of UBTA; Maxim Timchenko, CEO of DTEK; Oleksandr Dombrovskyi, Vice President of MHP, President of MHP Eco Energy; and Antony Froggatt, Senior Research Fellow and Deputy Director, Chatham House Environment and Society Programme.

Iryna Stavchuk said, “It is essential we decarbonize our economy: that process is integrally tied into the modernization of Ukraine’s economy and our society. It is also a central part of our European integration obligations. We need to reshape our economy to ensure we use all our natural resources in a sustainable way. And for that to happen, we have to have the domestic and inward investment in place. That is why it is so important we have continuing constructive co-operation between government and business.”

Dmytro Los from UBTA, which represents the interests of Ukrainian exporters, said, “Ukrainian business fully supports the European green course. We are ready to be active participants in these ‘green transformations’, given the real situation in the country, including the Crimea and the war in the East. Also, domestic businesses are ready to join the creation of national programmes for sectoral transformation of the ‘green agreement’, which will lead to sustainable development of both business and Ukrainian society. As practice shows, the synergy of business and government creates effective solutions. The approval of the Second National Defined Contribution of Ukraine (NVV-2) and the development of a roadmap for the transformation of food systems are both good examples. But at the same time, Ukrainian business survives in a very difficult environment and now faces serious financial problems given the high Ukrainian banks’ high interest rates. Only with the help of financial programmes created by global financial institutions, including the from the EU, will companies be able to take real steps towards decarbonisation and meeting the global ‘green agreement’ trends.”

DTEK is the leading private investor in Ukraine’s energy sector. Company’s СEO 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’s time to take action. The main challenge is acting carefully to avoid disruption. Such is the paradox at the heart of our global challenge. DTEK is at the forefront of developing new wind and solar energy facilities, putting Ukraine in a leading position within the European drive to decarbonization. Ukraine’s first energy storage systems, built by DTEK, are designed to improve the company’s productivity and stir the development whole Ukrainian energy sector. DTEK strives to achieve carbon neutrality by 2040. There is a long way ahead, but mutual actions are already being taken towards a sustainable future.”

Oleksandr Dombrovskyi, Vice President of MHP, which is a leading Ukrainian agricultural holding that produces poultry and meat products, added: “Food, environmental and energy security are key elements of the formula for the survival of mankind and the planet. We see our company's mission as a contribution to solving the issue of global food security, and each of our actions should not harm the environment. We understand that the world, and those of us living in it, need to be transformed to implement the ‘green’ economy model. And it is important to work on it immediately because time is short. At MHP, we are already actively implementing specific steps, including the introduction of innovations, the use of renewable energy, 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 dialogue with the government, state support and partnership with the companies and associations that 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, putting it in a strong position to lead the transition to renewable energy. It is very encouraging to see the worlds of politics and business coming together to effect real change.”

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

The recording of the event is available at [link].

All news
All news
“The future’s bright, when you stand up and fight”: Oleksandr Usyk supports DTEK’s international initiative to restore Ukrainian energy sector
15 July 2025
“The future’s bright, when you stand up and fight”: Oleksandr Usyk supports ...
DTEK and Fluence battery storage
10 July 2025
DTEK and Fluence start commissioning phase of Ukraine’s largest battery storage ...
"Our energy powers life": DTEK updates its mission, vision, values and logo to mark the company’s 20th anniversary
08 July 2025
"Our energy powers life": DTEK updates its mission, vision, values and logo to ...
Read DTEK CEO Maxim Timchenko's all-staff message marking 20 years
06 July 2025
Read DTEK CEO Maxim Timchenko's all-staff message marking 20 years
Stay Connected
Find press contacts, images, and information for the news media
E: pr@dtek.com
DTEK
About DTEK
Mission, vision, values New strategy 2030 History Contact us Privacy policy Cookie Policy #FightForLight Standing with Ukraine Our people Awards and Recognitions
Our businesses
DTEK ENERGY DTEK RENEWABLES DTEK OIL&GAS DTEK GRIDS DRI MODUS X Academy DTEK D. TRADING D. SOLUTIONS
Sustainability
Policies and public statements Our sustainability journey Investing in green Environment Standing with Ukraine Our people Governance
Investors
Governance Sustainability Reports
News and Insights
Media releases In the media Image library Video library
Careers
DTEK community Jobs
Sitemap
DTEK 20th Anniversary
Subscribe to DTEK
Stay up to date
DTEK
social media
DTEK CEO
on social media
2005-2025 DTEK
ALL RIGHTS RESERVED
Made by Frontmen, 2020
EN
UA
About DTEK
Mission, vision, values New strategy 2030 History Contact us Privacy policy #FightForLight Standing with Ukraine Our people Awards and Recognitions Cookie Policy
Our businesses
DTEK ENERGY DTEK RENEWABLES DTEK OIL&GAS DTEK GRIDS DRI MODUS X Academy DTEK D. TRADING D. SOLUTIONS
Sustainability
Our sustainability journey Investing in green Environment Standing with Ukraine Our people Governance Policies
Investors
Governance Sustainability Reports
News and Insights
Media releases DTEK and Fluence project In the media Image library Video library Contact us
Careers
DTEK community Jobs
I confirm the foregoing Do not confirm