International Agenda Eurasian Intergovernmental Council Meeting in Nesvizh: Climate Agenda Decisions Nesvizh, Belarus: The second meeting of the Eurasian Intergovernmental Council took place on June 3-4. 12 topical issues of Eurasian economic integration were on the agenda. The heads of government of the EAEU countries made strategic decisions on the climate agenda: Joint statement by…
The issuance of carbon units is carried out by the carbon unit registry operator, whose functions, according to the Order of the Government of the Russian Federation dated March 01, 2022, No. 367-r, are entrusted to the Joint Stock Company “Contour.” The procedure for issuing carbon units is provided for in the Rules for the…
By parts 1 and 2 of Article 10 of Federal Law No. 296-FZ of July 2, 2021, “On Limiting Greenhouse Gas Emissions,” it is defined that information about climate projects is contained in the carbon units registry. The creation and maintenance of the registry are carried out by the operator, whose functions are performed by…
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”…
