Monday, October 26, 2020
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The economics ministry said Monday it was looking to start work with the government on Kyoto Protocol joint implementation projects
The economics ministry said Monday it was looking to start work with the government on Kyoto Protocol joint implementation projects. Deputy Economic Development and Trade Minister Andrei Sharonov said a draft regulation for the approval of joint implementation (JI) projects and a scheme for targeted environmental investment would be submitted to the government in few weeks in a bid to launch approval procedures in July, thus pushing forward Russia's progress on implementation of the Kyoto Protocol. Joint implementation (JI) under the Kyoto Protocol allows parties to implement projects that reduce emissions or remove carbon from the atmosphere in return for emission reduction units (ERUs). Sharonov said Russia was also interested in trading greenhouse gas emissions, adding that about 30 JI and trade projects had been submitted to the ministry. Kyoto-related projects have attracted interest from Russia's financial corporations, international agencies, and big companies that are responsible for a considerable proportion of greenhouse emissions in Russia, including electricity monopoly Unified Energy System (UES), which accounts for a third of Russian and three percent of world emissions.
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The following rates of exchange of foreign currencies to the ruble of the Russian Federation
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The following rates of exchange of foreign currencies to the ruble of the Russian Federation
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