January 2024

January 2024

International Agenda The First Biennial Report of the Russian Federation The First Biennial Report of the Russian Federation on Transparency, submitted to the UNFCCC, has been published and includes: The legal framework Methodological guidelines for assessing the compliance of regional regulated organizations with greenhouse gas emission quotas have been approved. By order of the Government…

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December 2024

December 2024

Climate Projects under the Federal Law “On Limiting Greenhouse Gas Emissions” Recommendations on the Disclosure of Information on Carbon Units and Quota Fulfillment Units in Financial Statements In the appendix to the letter dated December 18, 2024, No. 07-04-09/128024, “Recommendations for Audit Organizations, Individual Auditors, and Auditors on Conducting the Audit of Annual Financial Statements…

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Climate Projects Development

Climate Project Development

Introduction This material deals with the climate project development in accordance with national climate regulations. This material may be useful: By the Appendix No. 1 to the Order of the Ministry of Economic Development of Russia dated 11.05.2022 No. 248, the following criteria for climate projects have been determined: Climate project development is the first…

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Regenerative Finance

Regenerative Finance (ReFi)

Regenerative finance stems from the concept of Regenerative Economics, introduced by John Fullerton in his work “Regenerative Capitalism.” Unlike sustainable development, which aims to maintain current systems, regenerative economics focuses on restoring and renewing natural systems, going beyond mere preservation. Building on this foundation, Regenerative Finance (ReFi) combines regeneration principles with decentralized finance (DeFi), leveraging…

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Open Forest Protocol.

Open Forest Protocol for Russia

As of September 16, 2024, over 190 projects have been registered under the Open Forest Protocol (OFP). OFP operates globally, with projects being implemented across six continents. One key feature of the platform is that verification and project registration fees are free. Project Eligibility Criteria: Once eligibility is confirmed and a call with the OFP…

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Carbon Border Adjustment Mechanism

Carbon Border Adjustment Mechanism (CBAM)

Introduction to CBAM The European Union’s Carbon Border Adjustment Mechanism (CBAM) is an ambitious initiative aimed at reducing greenhouse gas emissions by 2030 and 2050, as well as preventing climate change in countries exporting to the EU. These countries can establish similar carbon taxes in their jurisdictions, allowing them to be partially or fully exempted…

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