Climate projects in Russia

Climate projects in Russia

Mechanisms for implementing climate projects

This material presents well-known data on climate projects in Russia, as well as transactions involving the carbon units they emit.

In the territory of the Russian Federation, projects are implemented according to the following mechanisms:

Common features of the mechanisms:

  • Reduction (prevention) of greenhouse gas emissions or (and) absorption of greenhouse gases
  • Stages of implementing climate projects (development, validation, registration in the Registry, monitoring, verification of results, and issuance of carbon units)
  • Implementation of climate projects in the territory of the Russian Federation

Climate projects under national legislation

Climate projectTransactions with carbon units/retirement
LLC “DAL’ENERGOINVEST”
64-2022-00000001
Emission Reduction, Technological Project
Planned: 1832 carbon units from 01.01.2022 to 31.12.2031
26.09.2022 LLC “DAL’ENERGOINVEST” – SovTech Volgo-Vyatka LLC and JSC TAMAK commodity auction 10 carbon units at 1000 rubles.
PJSC “RusHydro”
05-2023-00000001
Emission Reduction, Technological Project Planned: 381,820 carbon units from 01.01.2022 to 31.12.2027.
September 2023 PJSC “RusHydro” – LLC “Udokanskaya Med” direct sale of 1000 carbon units, price unknown.

January 2024 LLC “Udokanskaya Med” – retirement of 1,000 carbon units for the compensation of indirect emissions.
PJSC “Tatneft” named after V.D. Shashin
92-2023-00000002
Emission Reduction, Technological Project Planned: 4,640 carbon units from 01.01.2021 to 31.12.2030.
PJSC “Tatneft” named after V.D. Shashin
92-2023-00000003
Emission Reduction, Technological Project Planned: 51,172 carbon units from 01.01.2021 to 31.12.2030.
JSC “SIBUR-Khimprom”
57-2023-00000004
Emission Reduction, Technological Project Planned: 14,333 carbon units from 17.03.2023 to 31.03.2026.
November 2023 JSC “SIBUR-Khimprom” commodity auction sold 2,000 carbon units to GPB “Komplekt” at 700 rubles and 735 carbon units to JSC “Carbon Zero” at 700 rubles.
JSC “NAC Azot”
70-2023-00000005
Emission Reduction, Technological Project Planned: 583,995 carbon units from 01.09.2022 to 31.08.2042.
LLC “Vaninsky Forestry Center”
64-2023-00000006
Greenhouse Gas Sequestration, Nature-based Climate Project
Planned: 1,515,282 carbon units from 01.09.2038 to 01.09.2102.
LLC “Gazprom MCS”
41-2023-00000007
Emission Reduction, Technological Project Planned: 49,928,002 carbon units from 01.10.2019 to 31.12.2029.
JSC “Inter RAO – Electric Generation”
34-2023-00000008
Emission Reduction, Technological Project Planned: 81,042 carbon units from 01.01.2022 to 31.12.2024.
JSC “Sibur-Neftekhim”
22-2023-00000009
Emission Reduction, Technological Project Planned: 555,864 carbon units from 01.01.2023 to 31.12.2032.
LLC “Tomskneftekhim”
69-2023-00000010
Emission Reduction, Technological Project Planned: 95,634 carbon units from 26.01.2022 to 25.01.2032.
PJSC “Nizhnekamskneftekhim”
92-2023-00000011
Emission Reduction, Technological Project Planned: 5,647,684 carbon units from 01.11.2022 to 31.10.2032.
JSC “RUSAL Krasnoyarsk”
04-2023-00000012
Emission Prevention, Nature-based Climate Project
Planned: 5,152,843 carbon units from 19.07.2019 to 19.10.2033.
PJSC “Tatneft” named after V.D. Shashin
92-2024-00000013
Emission Reduction, Technological Project Planned: 2,070 carbon units from 01.11.2022 to 31.10.2032.
LLC “SIBUR-Kstovo”
22-2024-00000014
Emission Reduction, Technological Project Planned: 1,381,798 carbon units from 15.12.2019 to 14.12.2029.
PJSC “Tatneft” named after V.D. Shashin
92-2024-00000015
Emission Reduction, Technological Project Planned: 23,750 carbon units from 01.01.2022 to 31.12.2031.
PJSC “Tatneft” named after V.D. Shashin
92-2024-00000016
Emission Reduction, Technological Project Planned: 93,220 carbon units from 01.04.2024 to 31.03.2034.
PJSC “Tatneft” named after V.D. Shashin
92-2024-00000017
Emission Reduction, Technological Project Planned: 30,000 carbon units from 01.01.2022 to 31.12.2031.
LLC “Vectra”
18-2024-00000018
Emission Reduction, Nature-based Climate Project Planned: 56,635 carbon units from 01.01.2018 to 31.12.2022.
JSC “Tatneft” named after V.D. Shashin
92-2024-00000019
Emission Reduction, Technological Project Planned: 27,773 carbon units from 18.08.2021 to 17.08.2031
“Delphin Group JSC”
46-2024-00000020
Emission Reduction, Technological Project
Planned: 6 187 316 carbon units from 01.03.2024 to 28.02.2039
 PJSC “EL5-ENERGO”
60-2024-00000021
Emission Reduction, Technological Project
Planned: 915 335 carbon units from 01.05.2021 to 30.04.2031
PJSC “Tatneft” named after V.D. Shashin
92-2024-00000022
Emission Reduction, Technological Project
Planned: 1 963 434 carbon units from 01.01.2025 to 31.12.2034
Climate projects are implemented in accordance with national legislation and methodologies. The utilization of carbon units is carried out within the framework of the national Registry. The ultimate goal of using carbon units is to offset the carbon footprint of services or products, as well as to meet the emission quota established by the government.

Voluntary carbon standards

Climate project Transactions with carbon units/offsetting
LLC “ZapSibNeftekhim” (PJSC “Sibur-Holding”)
ISO 14064-2:2019 Standard
Link to the project
August 2023: PJSC “SIBUR-Holding” – QIWI direct sale of 3121 carbon units, price unknown.

December 2023: PJSC “SIBUR-Holding” – PJSC “Sovcombank” direct sale of 4,000 carbon units, price unknown.

March 2024: PJSC “SIBUR-Holding” offset 21,789 carbon units for voluntary carbon footprint compensation for the World Youth Festival.
Climate projects are implemented according to voluntary carbon standards using methodologies developed by them. The utilization of carbon units is carried out in the registries of these standards. The ultimate goal of using carbon units depends on the standard.