Fares Kilzie: Europe’s “Green Deal” must become a Eurasian Green Deal
... measures, which are of global rather than regional dimensions. Furthermore, joint efforts to combat climate change would bring the European Union and Eurasia, including Russia, closer. How will the Green Deal and the Carbon Border Adjustment Mechanism (CBAM) affect Russian business? Over the past five years, Russia has launched quite a few initiatives targeting the decarbonization of its economy. In late 2019, the Paris Agreement has been ratified, with Russia committed to it since 2016. The Russian law “On limiting greenhouse gas emissions” passed its second reading in the State Duma and will be adopted soon, while a pilot project ...