... protectionism, and the course of economic autarky that Russia settled on in 2014 are augmented today with a new challenge to economic interdependence, which is the EU’s transition to green energy.
Russia has put forward various assessments of the European Green Deal approved by the European Union in 2019, marking the intensive stage of energy transition. Some experts prefer to stress that developing green energy in the EU is another step in putting an end to energy dependence on Russia and the unstable states of the Middle East ...
... (RIAC) held an expert meeting on low-carbon development strategies of Russia and Armenia. The event was held under the Chatham House Rule.
The discussion focused on the possibilities of energy transition in Russia and Armenia, the impact of the European Green Deal on the economies of the two countries, the creation of mechanisms for greenhouse gas accounting consensual for all parties involved, and other issues.
The meeting was attended by Igor Ivanov, RIAC President; Ivan Timofeev, RIAC Director of ...
... transition” as an opportunity to embark on another stage of international expansion for its technological leaders and, unlike many other EU states, is not inclined to politicize economic cooperation
Russia has put forward various assessments of the European Green Deal approved by the European Union in 2019, marking the intensive stage of energy transition. Some experts prefer to stress that developing green energy in the EU is another step in putting an end to energy dependence on Russia and the unstable states of the Middle East ...
... years before the Green Deal was adopted.
Experts and Business Representatives Discuss Prospects for Ecological Cooperation between Russia and the EU
How should Russia react to the EU Green Deal and the upcoming introduction of CBAM?
Strategically, the Green Deal is the best initiative of the European Union since the introduction of the Euro currency. Brussels has set the framework conditions for the development of full-fledged cooperation between the EU countries and its trading partners in the entire world. Combating climate change is a ...
... Affairs Council (RIAC) together with CREON Group held a seminar on the topic "Prospects for cooperation between Russia and the EU in the ecology sphere".
The discussion focused on the challenges and prospects of relations between Russia and the European Union in the field of ecology and how the European Border Carbon Mechanism (CBAM) might affect the European and Russian economies.
The seminar participants included diplomats, experts and researchers from academic institutions, as well as business ...
Divergent opinions are no crucial obstacle to environmental cooperation between the parties. Russia can benefit from the European Green Deal
The European Green Deal approved by the EU in 2019 is an economic development strategy for decoupling and for carbon neutrality by 2050 [
1
]. The plan is to reduce greenhouse gas emissions by at least 55% by 2030. In pursuit of this policy,...
... development field is one of the promising areas of bilateral relations. For Russia and Russian companies, this opens up prospects in the EU energy market and access to technologies for waste processing and production of renewable energy sources. For the European Union and companies from the EU countries, this is an opportunity to import products that meet its environmental standards.
However, the opaque situation regarding the European Border Carbon Mechanism (CBAM) in the background of the EU Green Deal raises a number of questions from government institutions and business representatives on both sides. What are the prospects for bilateral cooperation between Russia and the EU in sustainable development? What will the CBAM look like and when ...
... framework will be adopted and requisite mechanisms launched on the basis of these discussions.
All the areas announced in the New Green Deal open new avenues for European and Russian economic entities in implementing various cooperation projects. Hydrogen ... ... submitting the results of the discussion to the relevant UN agencies, including UNIDO and UNCTAD.
Let us note as an aside that the European Union is continuing to collaborate with Russia on a series of initiatives as part of long-term partnerships in
climate ...
