Business news from Ukraine

G7 AMBASSADORS WELCOME UKRAINE’S STATEMENT TO MOVE TOWARDS NET-ZERO ECONOMY

The G7 countries welcome Ukraine’s statements of commitments to abandon coal and move towards zero CO2 emissions into the atmosphere.

“G7 Ambassadors were pleased to discuss Ukraine’s plans to combat climate change with Minister of Environment Protection and Natural Resources of Ukraine Roman Abramovsky and Deputy Prime Minister of Ukraine for European and Euro-Atlantic Integration Olha Stefanishyna. Ambassadors encouraged Ukraine to submit an ambitious 2nd Nationally Defined Contribution for COP26 by the end of July,” G7 Ambassadors said on the Twitter page.

In particular, the ambassadors welcomed Ukraine’s statements of commitments to transition away from coal and move towards net-zero. A cross-government approach is essential to deliver reforms, create the conditions for investment, and incentivise clean energy in order to meet Ukraine’s goals.

 

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URSULA VON DER LEYEN: UKRAINE OCCUPIES IMPORTANT PLACE ON G7 AGENDA

Ukraine occupies an important place in the discussions of the leaders of the G7 countries, said President of the European Commission Ursula von der Leyen.
“Ukraine is high on our common agenda. The G7 supports Ukraine’s territorial integrity and stands ready to assist in its reform efforts. Ukraine needs strong institutions acting based on the rule of law,” she wrote on Twitter on Saturday.

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HEAD OF PRESIDENT’S OFFICE OF UKRAINE INVITES AMBASSADORS 0F G7 COUNTRIES AND EU TO JOIN TO GOVERNANCE REFORM OF STATE-OWNED COMPANIES

Head of the President’s Office of Ukraine, at a meeting with the ambassadors of the G7 countries and the European Union, informed the diplomats about the progress of the corporate governance reform of state-owned companies, the press service of the head of state said on Thursday evening.
“The Head of the President’s Office invited the ambassadors and their countries to join the preparation of the draft law on improving corporate governance of legal entities, the shareholder of which is the state, which will ensure the implementation of modern international standards in Ukrainian legislation,” the message says.
In turn, Deputy Head of the President’s Office Yulia Svyrydenko noted that the goal is to clearly delineate the functions of the state as a shareholder and to prescribe transparent criteria for evaluating supervisory boards.

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