... (the same as China) for Russia to achieve carbon neutrality, and just days before COP26 began, the Russian government came up with a strategy paper on the subject. At the conference itself, Russian delegates laid out the key elements of the emerging Russian climate and energy policy. Those elements can be summarized as follows.
First, Russia will insist that nuclear and hydroelectric power, which account for some 40 percent of the country’s energy mix, should be internationally accepted as green. This ...
... major reversal. Weeks before the COP-26 climate summit in Glasgow, Russia’s Economic Development Ministry has come up with a national goal of achieving carbon neutrality by 2060.
This is not a covert attempt by the in-system liberals to begin aligning Russia’s climate policy with the policies of the world’s major powers. Rather, it is the consummation of a sea change that has been brewing for the past couple of years in the Kremlin’s thinking. President Vladimir Putin announced the carbon neutrality goal ...
... financial markets could play a vital role in advancing green projects as well as green finance. This is particularly relevant for Russia, where the National Wellbeing Fund could be partly invested into green financial instruments.
At this stage there is a ... ... sovereign wealth funds, to drive the green investment agenda. These include European Long Term Investors, the Institutional Group on Climate Change and the Network on Climate Risk. Some of the wealth funds from the Middle East, including the Abu Dhabi Investment ...
