A new study suggests implementing a regulatory framework and strategy to encourage the development of green financing in Russia. The researchers suggest that green financing initiatives can help implement costly environmental projects, using mechanisms to support the national ‘Ecology’ project. Using data from Rosstat, they found that sustainable finance is approximately $2 billion, and 0.18%…
Category: regulation
Do carbon emissions affect investor returns in Russian stock markets?
Russia is a signatory to the Paris Climate Agreement and currently developing carbon trading options. The financial researchers wanted to find out more about the relationship between GHG emissions especially CO2 and the profitability of carbon or carbon-free firms. They define carbon risk as “the uncertain possibility of charging polluters for air pollution which depends…
A regulatory shhh across Arctic coastal ecosystems?
Alongside the Arctic Ocean, the Barents, White, Kara, Laptev, East Siberian and Chukchi seas are marine ecosystems including seabeds, ocean floor and subsoils. Increases in drilling of the continental shelf increases environmental impact. Yakovleva noted the most common issues are emissions, oil / oil product spills, pollution, waste (including metals, radioactive, plastic etc ), and…
Russian Climate Research 