January 15-21 2024

Climate change news. January 15-21 2024

Posts in the category “Climate change news” are published weekly. 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:

National Climate Regulation

The Bank of Russia recommends that public joint-stock companies and issuers of securities integrate the sustainable development and climate transition into their strategic goals.

To do this, organizations need to:

  • Assess their current level of involvement in these spheres.
  • Decide on the development of a sustainable development and/or climate transition strategy.
  • Integrate sustainable development and climate transition into their goals, strategies, plans, and programs.

The implementation of these recommendations will allow organizations to:

  • Attract investments.
  • Improve their reputation.
  • Gain access to financing for long-term strategically important projects related to sustainable development and climate transition.
  • Comply with special legislative regulation in this area.

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

Udokan Copper has retired 1,000 carbon credits to offset indirect greenhouse gas emissions This is the first operation of its kind in russian national registry. The carbon units were purchased in September 2023 from PJSC RusHydro, climate project 05-2023-00000001.