Scientific and Expert Center
Koltsov Institute of Developmental Biology
Russian Academy of Sciences

Economy & Climate

  1. Climate change is the central geopolitical and economic problem of the 21st century, and it will be increasingly more important on the priority list of Russia’s political leadership and in the activities of government authorities, businesses, and nongovernmental organizations.
  2. Russia is subject to extreme climate impacts to a greater extent than any other country in Europe or Central Asia. In addition, the vulnerability of Russia’s economy will be augmented because of the availability of a large number of areas with unfavorable environmental situation and poor infrastructure.          
  3. The negotiation process to prepare a new climate control agreement is unprecedented in terms of the diversity and complexity of problems to be covered. There is no way for the world’s leading nations, including Russia, to avoid shifts in the economic paradigm and transfer to low-carbon development.
  4. Increasing the energy efficiency of the national economy and reducing the level of greenhouse gas emissions is of critical importance for Russian medium- and long-range energy policy and the maintenance of its global competitiveness.
  5. It is imperative to develop a long-term program for a step-by-step reduction and rationalization of subsidies allocated for the use of fossil fuel and, at the same time, to provide social support for the population.
  6. Russia retains the possibility of deriving substantial economic and political dividends from its participation in the emerging international carbon markets. One way to attract investment in the improvement of energy production and consumption efficiency and the promotion of renewable energy sources is triggering available procedures for approving joint implementation projects and introducing the Environmental Investment Scheme.
  7. The unspent portion of the national emissions allowance may and must be earmarked for the capitalization of financial mechanisms for supporting the transition of the key sectors of the Russian economy to a resource- and energy-efficient development, rather than be used as an additional resource for extensive growth.
  8. It is expedient to explore a possibility for developing an international financial mechanism that would allow advanced countries to use their unspent national allowances for covering additional commitments.
  9. It is expedient to start to develop a Russian national cap-and-trade system that should comply with the world’s carbon markets. The goal of such system is to develop steps that would encourage enterprises to cut their emissions and hence to improve the energy efficiency of production facilities using flexible economic methods.
  10. It is necessary to urgently identify the priorities, forms, and mechanisms of Russia’s participation as a donor that helps developing countries adapt to climate change.

    A.A. Averchenkov
    United Nations Development Programme


© Center for Sustainable Development and the Health of the Environment, 2015  
Development by IntraSoft, 2009