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Victoria Abramchenko and Alexander Novak held a meeting on topical issues of climate strategy and low-carbon economy

The meeting was attended by Presidential Aide Maxim Oreshkin, Presidential Adviser, Presidential Special Representative for Climate Issues Ruslan Edelgeriev, Presidential Special Representative for Relations with International Organizations Anatoly Chubais, Minister of Natural Resources and Environment Alexander Kozlov, Minister of Science and Higher Education Valery Falkov, representatives of the Ministry of Economic Development , Ministry of Natural Resources, Ministry of Energy, Ministry of Transport, Ministry of Education and Science, Ministry of Foreign Affairs, Ministry of Industry and Trade.

The centerpiece of the meeting was the coordination of work between government agencies, business associations and companies from various sectors of the economy on the transition to a low-carbon economy.

As Victoria Abramchenko said, the Government envisages measures aimed at a sustainable low-carbon development trajectory. In particular, we are talking about increasing energy efficiency and stimulating the development of green sectors of the economy. In addition, the Government has supported a draft law on limiting greenhouse gas emissions. For the first time, this bill set the course for achieving carbon neutrality. On the basis of this document, a system of state accounting and implementation of projects to reduce greenhouse gas emissions and increase their absorption will appear. The new regulation will enable businesses to carry out their own climate projects and attract green financing. Also in 2021, an experiment will be launched on the territory of the Sakhalin Region to create the necessary conditions for the introduction of technologies aimed at reducing greenhouse gas emissions, working out a methodology for creating a verification system for accounting for greenhouse gas emissions and removals.

“Today the issue of adaptation of territories and sectors of the economy to climate change is very acute. They are of a cross-border nature and, of course, should not be instruments of trade wars and sanctions of one state against another. At the same time, we must defend our national interests, therefore, I propose, within the framework of the elaboration of all adaptation mechanisms, to create a Russian project office with different competencies, which will deal with the climate, fulfillment of obligations, as well as the risks associated with the export of our goods, “said Victoria Abramchenko.

“We need to have a clear understanding of each industry. As for the fuel and energy complex, our low-carbon fuel and energy balance is an obvious but not yet exploited advantage. For example, the share of environmentally friendly nuclear power plants and hydroelectric power plants is up to 40% in the generation of Russian electricity. Considering that exported goods consume only 20% of all electricity produced, we can at least ensure that the purity of the exported products is confirmed. The forest resource also remains our additional advantage, ”noted Alexander Novak.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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