Climate project Investments in Russia can be considered in terms of direct investments in the projects themselves and in the carbon units they produce. In this article, we will examine whether there are opportunities for private investments in this sector. Current Situation The Russian carbon unit market has been in its formative stage since September…
International Agenda Joint statement by the Russian Federation and China A joint statement by the Russian Federation and China has been issued on deepening comprehensive partnership and strategic interaction, entering a new era in the context of the 75th anniversary of the establishment of diplomatic relations between the two countries. The outcomes of this include:…
SBTi Overview The SBTi (Science Based Targets initiative) was founded in 2014 as a collaboration between CDP (Carbon Disclosure Project), the United Nations Global Compact, WRI (World Resources Institute), WWF (the World Wide Fund for Nature), and the We Mean Business Coalition. The SBTi’s goal is to enable companies worldwide to do what climate science…
According to part 4 of article 9 of Federal Law No. 296-FZ dated July 2, 2021, “On Limiting Greenhouse Gas Emissions,” the issuance of carbon units requires the preparation of a climate project implementation report, followed by its verification. The form of the report itself and the procedure for its submission are established by Appendices…
The legal framework Decree of the Government of the Russian Federation No. 424 of April 4, 2024 amended the Rules for Creating and Maintaining a register of Carbon Units, as well as Conducting Operations with carbon Units in the Register of Carbon Units, approved by Decree of the Government of the Russian Federation No. 790…
By the Decree of the Government of the Russian Federation dated March 24, 2022, No. 455, the Rules for verification the results of climate projects for issuing carbon units into circulation were approved. Verification is the verification and confirmation of information on the reduction or prevention of greenhouse gas emissions, as well as on their…
Speaking about methodologies for climate projects, let’s refer to the regulatory framework. By the Order of the Federal Agency for Technical Regulation and Metrology dated September 30, 2021, No. 1033-st, the National Standard of the Russian Federation “Greenhouse Gas Management and Related Activities. System of approaches and methodological support for the implementation of climate projects”…
Climate Projects under the Federal Law “On Limiting Greenhouse Gas Emissions” Climate project registration 92-2024-00000019, executor – PJSC “Tatneft” named after V.D. Shashin. Validator: LLC MIP “NES Profexpert” Implementation period: 02.08.2021-17.08.2031 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…
Criterias of climate project This material discusses the climate project validation in accordance with national legislation. The procedure itself is an assessment and confirmation of the project’s compliance with the criteria for classification as climate-related. Appendix No. 1 to the Order of the Ministry of Economic Development of Russia dated May 11, 2022, No. 248…
Introduction to Carbon Unit Exchange Information about the carbon unit exchange is of interest to various groups of readers, who are offered the following materials for additional study: There are the following options for selling carbon units: Exchange advantages: Access to a wide range of potential buyers, increasing the chances of a profitable sale. Transparency,…
