Green and Climate Agenda: Reset Attempt

In spite of dramatic worsening of relations with the West, the subject of climate has not vanished from Russian economic plans. Environmental issues have even topped the list of declared problems.

About these subjects bureaucracy have grown over the last few years who have turned them into a source of growth in their own bureaucratic weight.

The environmental and climate agenda means, among other things, the forming of money flows channelled into solving these problems, and this money needs administration. Therefore, it is very, very difficult to abandon it. Even plans to introduce carbon payments in Russia are discussed again.

While the CBAM mechanism that Europe was preparing was the main bugbear earlier, attention has switched to countries in the “Global South” now. Though their intentions to take account of carbon emissions in transboundary trade are exaggerated, this has become a good argument to promote climate theses.

Suggestions have also been made that a common just climate policy should be worked out in BRICS, which is understandable: one needs to give meaning to the autumn summit in Kazan.

The new NESF report presents an in-depth discussion of the following subjects:

Main players in the Russian climate agenda

• Climate alarmists and conservatives
• Main “pushers” of climate subjects
• Spring government reshuffles and environment supervisors

Climate regulation in Russia

• Promotion of the Low-carbon Development Strategy
• New national project “Efficient and Competitive Economy” and the possibility of “wrapping” climate aspects into it

Register of carbon units and its development

Forestry climate projects as a regulator’s dream

State environmental policy

ESG agendas and non-financial statements

• Techniques used by business to “defend” itself against climate and environmental payments

Renewable and hydrogen energy development

Medium-term outlook

Contents of the report: