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…
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…
Finding liquidity to initiate carbon projects can be a complex and challenging process in which DeFi for climate can be helpful. Traditional financial markets and systems often pose significant barriers to entry, particularly for small and medium-sized projects. Here are some of the main challenges: DeFi for climate offers innovative solutions to these challenges, making…
Introduction to Carbon Tokens When carbon units are tokenized, all their information is transferred to the blockchain. Alternatively, carbon units can be issued directly as carbon tokens by the standard. Carbon tokens can be transferred, sold, redeemed, or stored in a blockchain wallet. The functionality of carbon tokens depends on the smart contracts used. Characteristics…
On the territory of the Russian Federation, nature-based climate projects can be implemented through various procedures provided by both national legislation and international agreements such as the Paris Agreement, or independent voluntary standards. Classification of Climate Projects Under national legislation, climate projects are categorized based on the results of their implementation: More details about these…
International Agenda MOU on Climate Change and Low-Carbon Development with India On July 8, 2024, a Memorandum of Understanding on Climate Change and Low-Carbon Development was signed in Moscow between Russia’s Minister of Economic Development Maxim Reshetnikov and India’s Minister of External Affairs Subrahmanyam Jaishankar. The signing took place during the visit of the Indian…
Portal CarbonUnits.RU was created for people who are getting acquainted with climate regulation. In this material, we will try to explain what is meant by the types of climate projects. On the territory of the Russian Federation, climate projects can be implemented through various procedures. These procedures may be provided for by national legislation, international…
Climate Transition Bonds, also known as Climate Bonds, are financial instruments designed to support sustainable development goals. They are part of a broader category of corporate bonds but have a specific focus on promoting the transition from traditional production and consumption models to a low-carbon economy. What are Climate Transition Bonds? These bonds involve the…
As global interest in sustainable development intensifies, companies across all industries are increasingly focusing on reducing their environmental impact. One key aspect of these efforts is understanding and managing the carbon footprint of products. This article provides a detailed guide on calculating a product’s carbon footprint, outlining the process and highlighting the main resources and…
Mandatory greenhouse gas (GHG) emissions reporting is a component of Russian climate regulation. In accordance with Federal Law No. 296-FZ “On Limiting Greenhouse Gas Emissions” of July 2, 2021, entities required to submit GHG reports (regulated organizations) include legal entities and individual entrepreneurs whose activities: The list of GHGs for which state accounting of GHG…
