International Agenda
Memorandum on Climate Change and Low-Carbon Development between Russia and Oman
On April 22, 2025, during the visit of Sultan Haitham bin Tariq al-Said to Moscow, Russian Minister of Economic Development Maxim Reshetnikov and Omani Minister of Trade, Industry, and Investment Promotion Qais al-Yousef signed a Memorandum of Understanding focused on climate change and low-carbon development. The document establishes a foundation for practical cooperation in areas such as the development of modern low-emission technologies, the implementation of climate projects, the trade of carbon units, and the assessment of climate risks and adaptation measures’ effectiveness. The parties have agreed to establish a joint working group, led by the Russian Ministry of Economic Development and Oman’s Environment Authority, to facilitate collaboration and foster expert dialogue.
Climate Projects under the Federal Law “On Limiting Greenhouse Gas Emissions”
Sale of carbon units from Climate Project 41-2023-00000007 (PJSC Gazprom) through the National Commodity Exchange
The National Commodity Exchange held its first auction for the sale of carbon units with additional delivery control. The seller was specialized entities of PJSC Gazprom. The transaction price amounted to 900 rubles per unit (including VAT). The carbon units were issued under Climate Project 41-2023-00000007, aimed at preventing methane emissions during the preparation of main pipeline sections for repair works. Neither the number of carbon units sold nor the buyer has been disclosed.
Climate project registration 64-2025-00000053, executor – East Mining Company Limited.
Validator: Regional Center for Validation and Verification of Environmental Reports and Projects of the Federal State Budgetary Educational Institution of Higher Education “Ufa State Petrotechnical University”.
Implementation period: 01.10.2025-30.09.2035.
Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 01.10.2025-30.09.2035.
Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 321 126.
Information on the planned amount of reduction (prevention) of greenhouse gas emissions and/or increase in their absorption as a result of the implementation of the climate project: 321 126.
Project essence: conveyor tunnel for coal transshipment (Solntsevsky Cut – Shakhtersk Port).
Current status of the climate project: coal conveyor in commissioning phase.
Climate project registration 00-2025-00000054, executor – Tolyattikauchuk LLC.
Validator: Autonomous Educational Institution of Higher Education “Innopolis University”.
Implementation period: 28.02.2022-31.03.2038.
Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 01.04.2023 – 31.03.2028.
Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 68 285.
Information on the planned amount of reduction (prevention) of greenhouse gas emissions and/or increase in their absorption as a result of the implementation of the climate project: 68 285.
Project essence: technical re-equipment of the D-3 unit. Transfer of MTBE-2 section blow-offs to the absorption-desorption unit of the D-3 unit in order to reduce losses of hydrocarbon raw materials.
Current status of the climate project: the climate project is under implementation and monitoring.
Climate project registration 47-2025-00000055, executor – Atom Power Industry Trade JSC.
Validator: Private institution “VNIIGAZ-Certificate Certification Center.
Implementation period: 01.03.2025-31.12.2034.
Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 01.03.2025-31.12.2034.
Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 69.
Information on the planned amount of reduction (prevention) of greenhouse gas emissions and/or increase in their absorption as a result of the implementation of the climate project: 69.
Project essence: creation of a hardware and software complex with a 10 kW wind power plant to reduce greenhouse gas emissions in the process of electricity production and its supply to industrial consumers.
Current status of the climate project: an unconditional (positive) conclusion has been received based on the results of the validation of the climate project.
Climate project registration 18-2025-00000056, executor – Kaustik JSC.
Validator: St. Petersburg Scientific Research Institute of Forestry.
Implementation period: 08.04.2022-08.04.2036.
Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 08.04.2022-08.04.2036.
Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 2 041.
Information on the planned amount of reduction (prevention) of greenhouse gas emissions and/or increase in their absorption as a result of the implementation of the climate project: 2 041.
Project essence: protective plantings were created on the territory of the Volgograd TPP-3 branch of Kaustik JSC.
Current status of the climate project: the climate project is under implementation and monitoring.
Climate project registration 71-2025-00000057, executor – BerezkaGaz Yugra JSC.
Validator: Environmental safety department of MIP NAS Profexpert LLC.
Implementation period: 01.01.2025-16.03.2039.
Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 01.01.2025-16.03.2039.
Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 122 636.
Information on the planned amount of reduction (prevention) of greenhouse gas emissions and/or increase in their absorption as a result of the implementation of the climate project: 122 636.
Project essence: utilization of dry distilled gas (COG) for energy generation and reduction of COG flaring as a result of the construction of a gas piston unit.
Current status of the climate project: the climate project is under implementation and monitoring.
Climate project registration 41-2025-00000058, executor – Ikon Tyres LLC.
Validator: Environmental safety department of MIP NAS Profexpert LLC.
Implementation period: 18.01.2024-31.08.2040.
Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 01.09.2025 – 31.08.2030.
Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 3 123.
Information on the planned amount of reduction (prevention) of greenhouse gas emissions and/or increase in their absorption as a result of the implementation of the climate project: 3 123.
Project essence: installation of a flue gas condenser at a thermal power plant of its plant in the Leningrad region.
Current status of the climate project: the climate project is under implementation and monitoring.
Climate project registration 36-2025-00000059, executor – Tolyattikauchuk LLC.
Validator: MIP NAS Profexpert LLC.
Implementation period: 05.07.2021-30.06.2032.
Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 01.07.2022 – 30.06.2032.
Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 2 968.
Information on the planned amount of reduction (prevention) of greenhouse gas emissions and/or increase in their absorption as a result of the implementation of the climate project: 2 968.
Project essence: installation of the flare stack cap No. 3.4 of Tolyattikauchuk LLC.
Current status of the climate project: the climate project is under implementation and monitoring.
Climate project registration 92-2025-00000060, executor – Nizhnekamskaya TEC LLC.
Validator: MIP NAS Profexpert LLC.
Implementation period: 25.08.2021-31.12.2037.
Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 01.01.2023 – 31.12.2027.
Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 73 720.
Information on the planned amount of reduction (prevention) of greenhouse gas emissions and/or increase in their absorption as a result of the implementation of the climate project: 73 720.
Project essence: improving the efficiency of the CHP plant involves releasing 30 atm of steam from the TG-2, 4, and 5 turbine extractions.
Current status of the climate project: the climate project is under implementation and monitoring.
Climate project registration 00-2025-00000061, executor – Rublevo-Arkhangelskoye JSC.
Validator: Regional Center for Validation and Verification of Environmental Reporting and Projects of the Federal State Budgetary Educational Institution of Higher Education Ufa State Petroleum Technical University.
Implementation period: 01.12.2027-30.11.2079.
Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 01.01.2028 – 31.12.2037.
Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 661 773.
Information on the planned amount of reduction (prevention) of greenhouse gas emissions and/or increase in their absorption as a result of the implementation of the climate project: 661 773.
Project essence: SberCity’s energy-efficient solutions are part of the comprehensive development of the Rublevo-Arkhangelskoye area in construction phases 5-8.
Current status of the climate project: an unconditional (positive) conclusion was obtained based on the validation results.
Climate project registration 00-2025-00000062, executor – Rublevo-Arkhangelskoye JSC.
Validator: Regional Center for Validation and Verification of Environmental Reporting and Projects of the Federal State Budgetary Educational Institution of Higher Education Ufa State Petroleum Technical University.
Implementation period: 01.12.2030-30.11.2083.
Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 01.01.2031 – 31.12.2040.
Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 466 685.
Information on the planned amount of reduction (prevention) of greenhouse gas emissions and/or increase in their absorption as a result of the implementation of the climate project: 466 685.
Project essence: SberCity’s energy-efficient solutions are part of the comprehensive development of the Rublevo-Arkhangelskoye area in construction phases 9-12.
Current status of the climate project: an unconditional (positive) conclusion was obtained based on the validation results.
Climate project registration 00-2025-00000063, executor – Rublevo-Arkhangelskoye JSC.
Validator: Regional Center for Validation and Verification of Environmental Reporting and Projects of the Federal State Budgetary Educational Institution of Higher Education Ufa State Petroleum Technical University.
Implementation period: 31.05.2024-30.11.2076.
Information on the period during which the implementation of the climate project results in the reduction (prevention) of greenhouse gas emissions and/or increase in their absorption: 01.06.2024 – 30.05.2033.
Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 306 193.
Information on the planned amount of reduction (prevention) of greenhouse gas emissions and/or increase in their absorption as a result of the implementation of the climate project: 306 193.
Project essence: SberCity’s energy-efficient solutions are part of the comprehensive development of the Rublevo-Arkhangelskoye area in construction phases 1-4.
Current status of the climate project: the climate project is under implementation and monitoring.
Experiment to limit greenhouse gas emissions in the Sakhalin region
PJSC Sakhalinenergo sells 384 quotas for the emission of greenhouse gases to MUE “Nogliki Vodokanal”
PJSC Sakhalinenergo (part of the RusHydro group) has sold 384 quotas for the emission of greenhouse gases to MUE “Nogliki Vodokanal”. The transaction amount was not disclosed.
Climate Projects under Voluntary Carbon Standards
SIBUR-PETF Retires Carbon Units from the ZapSibNeftekhim Project
SIBUR-PETF retired carbon units from a climate project at ZapSibNeftekhim LLC under the ISO 14064-2:2019 Standard, offsetting its direct and indirect energy-related greenhouse gas emissions (Scopes 1 and 2) in 2024. This fulfilled a voluntary commitment set forth in the company’s ESG strategy. The exact number of retired carbon units has not been disclosed. It is reported that the company’s total greenhouse gas emissions for the year amounted to 22.2 thousand tons of CO₂-equivalent, two-thirds of which were offset with carbon units.
SIBUR Delivered a Batch of Polymers with Partially Offset Carbon Footprint to China
At the Chinaplas international exhibition, SIBUR concluded a deal with four Chinese companies to supply 745.5 tons of polyethylene and polypropylene granules. The carbon footprint of more than 750 tons of CO₂-equivalent was partially offset through participation in the ZapSibNeftekhim climate project.
The Legal Framework
Approved Energy Strategy until 2050
The Energy Strategy of the Russian Federation until 2050 is a key document integrating climate regulation into the national energy policy. Approved by Decree No. 908-r on April 12, 2025, it is based on the Climate Doctrine of the Russian Federation and the Low-Emission Strategy, aimed at reducing greenhouse gas emissions and adapting to climate change. The strategy provides for the development of low-carbon technologies, such as hydrogen energy and CO₂ capture, as well as the use of gas, hydroelectric power plants (HPPs), and nuclear power plants (NPPs) as economically justified solutions. Despite emphasizing the preservation of Russia’s role as a leader in energy resource exports, the document highlights the need for a balance between economic security and environmental commitments, reflected in the implementation stages until 2030, 2035, and 2050, with priority measures for decarbonization.
Updated List of Greenhouse Gases
By Government Decree of the Russian Federation No. 805-r dated April 4, 2025, amendments were made to the Decree dated October 22, 2021, No. 2799-r, specifically updating the list of greenhouse gases for which state accounting of greenhouse gas emissions and maintenance of the greenhouse gas cadastre are carried out.
