Main page > Products > The fuel and energy complex of Russia - Series of analytical reports > Green Agenda in Russia in New Political Epoch

Green Agenda in Russia in New Political Epoch

Green Agenda in Russia in New Political Epoch

The 24 February 2022 events were to lead to radical changes in Russia’s green course among other things.

It seemed at the beginning of the year that the “green fashion” had already settled firmly in Russia. Statements were made constantly in the highest echelons that Russia would not stand aloof from the “triumphant march” of ESG values across the globe and was already getting actively involved in the process. The EU intention to launch the CBAM mechanism gave more arguments to “green” agenda supporters who called for immediate strengthening of the focus on climate in Russian energy and industry in general.

However, the beginning of the special military operation in Ukraine led to unprecedented worsening of relations with the West, including the EU. Naturally enough, the green agenda issue arose among others. The CBAM mechanism was virtually forgotten – because even without climate-based discrimination the volume of Russian exports may be minimised for political reasons. Besides, Western companies one by one began to leave Russia – and green companies among the first to do so (a vivid example is the closing by Denmark’s Vestas of a plant producing blades for windmills in Ulyanovsk, whereas earlier it had got serious incentives from the government).

Energy conservatives began persuading the Cabinet to support conventional energy in a period of heavy sanctions and give up for a while dangerous experiments intended to alter the energy balance.

However, the camp of “green dogmatists” does not at all seem paralysed. It keeps on making up new arguments in favour of maintaining the trend towards ESG. It is said, for example, that Asian countries admit that the West is right in matters of climate and are also introducing elements of carbon regulation. Therefore, the pivot to the East will not permit ignoring the green agenda.

The government hears such arguments. The Cabinet has approved rules to set up and keep a register of carbon units. An experiment in limiting greenhouse gas emissions started in the Sakhalin Region on 1 September 2022. The National Mercantile Exchange launched trade in carbon units in the form of commodity auctions on 26 September. In reality, therefore, the fight between the two camps continues. Each has its own pressure groups and serious beneficiaries behind it.

The new report covers the following subjects:

Current status of the climate debate in Russia

  • New arguments of the antagonistic camps

Emerging legal framework for carbon regulation in Russia

Key regulators of the green agenda:

  • Institutions and persons

Main lobbyists for ESG subjects:

  • Green financiers, waste reform promoters, electric transport manufacturers, agricultural producers

Hope for the sequestration potential of Russian forests

  • Debate about the prospects of forest climate projects

Future of the green agenda in the modern political situation

Contents of the report:

New Balance of Forces round ‘Green’ Agenda 8
Growth in ‘Green’ Agenda’s Lobbying and Financial Potential 10
Climate Matters in New ‘Post-February’ Reality 15
Climate Fighters 21
Waste Managers 22
Packagers 25
Farmers 26
Electric Car Enthusiasts 28
Foresters 32
ESG Activists and Green Financiers 38
Date of release: November 7, 2022

If you are interested to obtain please contact » Elena Kim

Other issues:
Bookmark and Share

Analytical series “The Fuel and Energy Complex of Russia”:

Gazprom in the period of expulsion from the European market. Possible evolution of the Russian gas market amid impediments to exports
Russia’s New Energy Strategy: on Paper and in Fact
Outlook for Russian LNG Industry
Russian Energy and West One Year after Ukraine Conflict Began: Are There Connections Still?
Green Agenda in Russia during Bitter Conflict with West
After February 2022 the agenda was radically rewritten. Western companies began leaving Russia en masse, economic relations with the West were drastically reduced, and the Russian economy began to be pushed violently from the global economic space, hemmed in by sweeping sanctions. All that was, to put it mildly, not the best background for talking about ESG. Especially because tasks of survival and stability under unprecedented pressure became the priority in the economy. In late 2022, however, attempts to reanimate the ESG agenda already became obvious. The message is put across insistently that it is important to Russia regardless of the foreign policy situation. While earlier the “green pivot” was seen as an opportunity to attract Western investors and their technological solutions to Russia, now Keynesian reliance on domestic manufacture is discussed.

All reports for: 2015 , 14 , 13 , 12 , 11 , 10 , 09 , 08 , 07

Rambler's Top100
About us | Products | Comments | Services | Books | Conferences | Our clients | Price list | Site map | Contacts
Consulting services, political risks assessment on the Fuel & Energy Industry, concern of pilitical and economic Elite within the Oil-and-Gas sector.
National Energy Security Fund © 2007