August 2024

August 2024

Posts in the category “Climate change news” are published monthly. The topic of the news is the major events of the Russian climate regulation.

In addition to news publications, the portal CarbonUnits.RU contains basic information:

International Agenda

BRICS Climate Agenda Forum in Contemporary Conditions

At the international BRICS forum held in Moscow on August 29-30, the member countries discussed pressing issues related to the climate agenda. As a result of the forum, a Framework on Climate and Sustainable Development was adopted, outlining the main directions of joint work in the field of climate. This document covers a wide range of issues, including the transition to a low-carbon economy, adaptation to climate change, the development of carbon markets, and attracting investments in environmental projects. Additionally, a Memorandum of Understanding on the BRICS Partnership on Carbon Markets was developed, which is planned to be finalized and signed by the BRICS summit in Kazan. The partnership will allow for the exchange of experiences in creating carbon markets and the implementation of joint climate projects.

MOU on Climate Change and Low-Carbon Development with Azerbaijan

On August 19, 2024 Russia and Azerbaijan have signed a Memorandum of Understanding on climate change and low-carbon development. The document aims to facilitate joint climate projects, exchange best practices in “green” financing, greenhouse gas emissions reduction, energy efficiency improvement, and carbon regulation implementation. The collaboration will focus on launching technologies with low and zero emissions, as well as carbon capture and storage projects. The memorandum is valid for 5 years and envisions active cooperation on international platforms.

List of Instructions Following the Meeting of the Council for Strategic Development and National Projects and the State Council Commissions on Socio-Economic Development

On August 4, 2024, the President approved a list of instructions following an extended meeting of the Council under the President for Strategic Development and National Projects and the State Council Commissions on the directions of socio-economic development of the Russian Federation.

The Government of the Russian Federation, together with the State Council Commissions on the directions of socio-economic development of the Russian Federation, is instructed to take into account the principles of an environmentally responsible economy when forming national projects and to develop indicators reflecting the environmental efficiency of the implemented measures, including the development of technologies and solutions aimed at reducing and absorbing greenhouse gas emissions and adapting economic sectors to climate change. The report is due by September 1, 2024.

A resolution has been adopted on the offset of carbon units to reduce the carbon footprint of third parties

The Russian government has adopted a resolution to improve the carbon unit offset mechanism, developed by the Ministry of Economic Development. The document amends the rules of the carbon unit registry, allowing account holders to offset carbon units for the reduction of third parties’ carbon footprints. This simplifies access to the carbon unit market for SMEs and individual entrepreneurs, who no longer need to register in the registry. The mechanism is aimed at supporting the country’s decarbonization by 2060 and expanding the number of market participants.

Climate Projects under the Federal Law “On Limiting Greenhouse Gas Emissions”

Climate project registration 94-2024-00000030, executor – JSC BELKAMNEFT NAMED AFTER A.A. VOLKOV.

Validator: ANO VO “Innopolis University.

Implementation period: 08.04.2022-30.09.2032.

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: 01.10.2022 – 30.09.2032.

Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 7 860.

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: 7 860.

Project essence: Improving the operational efficiency of oil track heaters.

Current status of the climate project: implementation.

Climate project registration 92-2024-00000031, executor – Almetyevsk Thermal Networks JSC.

Validator: MIP NES Profexpert LLC.

Implementation period: 11.10.2023-17.10.2033.

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: 18.10.2023 – 17.10.2033.

Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 97 383.

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: 97 383.

Project essence: construction of a solid fuel boiler house in the village. “Aktobe” JSC “Almetyevsk thermal networks”.

Current status of the climate project: implementation.

Climate project registration 22-2024-00000032, executor – PJSC SIBUR HOLDING.

Validator: Federal Budgetary Institution “St. Petersburg Scientific Research Institute of Forestry”.

Implementation period: 16.09.2022-16.09.2062.

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: 16.09.2022 – 16.09.2062.

Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 49 394.

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: 49 394.

Project essence: creation of carbon-depositing plantings within the framework of the “Green Formula” program in the Republic of Tatarstan, Nizhny Novgorod region, Tyumen region.

Current status of the climate project: implementation.

Climate project registration 27-2024-00000033, executor – JSC “Ecopet”.

Validator: MIP NAS Profexpert LLC.

Implementation period: 25.11.2013-30.04.2038.

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: 01.05.2023 – 30.04.2038.

Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 15 960.

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: 15 960.

Project essence: transfer of the boiler house from fuel oil to gas of JSC “Ecopet”.

Current status of the climate project: implementation.

Climate project registration 92-2024-00000034, executor – PJSC Tatneft named after V.D. Shashin.

Validator: MIP NAS Profexpert LLC.

Implementation period: 24.05.2022-11.08.2033.

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: 12.08.2023 – 11.08.2033.

Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 74 164.

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: 74 164.

Project essence: technical re-equipment of the Ashalchi boiler house with the installation of two condensation economizers.

Current status of the climate project: implementation.

Climate project registration 64-2024-00000035, executor – LLC “IKS”.

Validator: LLC MIP “NCVVEI IGKE”.

Implementation period: 01.09.2024-01.09.2034.

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: 01.09.2024-01.09.2034.

Information on the quantity of carbon units to be issued into circulation upon registration of the climate project: 246 967.

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: 246 967.

Project essence: reduction of greenhouse gas emissions due to modernization of boiler houses providing centralized heat supply in the Sakhalin region.

Current status of the climate project: implementation.