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%…
Tag: Environmental assessment
Economic vs climate strategy face-off in the Russian Arctic
Russian climate doctrine and strategy include climate change as one of the biggest 21st century challenges especially socio-economic development of the Arctic region with both opportunities and risks (Drachkova et al., 2023, Kremlin, 2020). The Arctic is warming twice as fast as other areas with reduced snow cover, reduced permafrost, increased precipitation. Sea ice is…
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…
Green canopies in the urban Russian Arctic
The majority of residents in cities in the Russian Arctic are not indigenous to the area (approx 95%), mostly migrating from the south and west. They are not used to Arctic ecosystems and the Arctic climate with lower temperatures, permafrost, less rich soil and having to adapt to differing light with polar days and nights….
Algae at the Baltic seaside
Scientists from Immanuel Kant Baltic Federal University, Kemerovo State University and Shirsov Institute of Oceanology at Russian Academy of Sciences analysed the algae biomass and what they might do with it. Increased concentration of algae is becoming more common on coastlines around the world. They release greenhouse gases , smell unpleasant and make beaches less…
Building a national permafrost picture benefits everyone
Up until now, multiple institutions across Russia monitor permafrost and focus on local results. Oil and gas industries do not share their permafrost results with each other. Human impact from energy industries has cumulatively increased permafrost temperature which further affects their infrastructure. The researchers recommend a new state monitoring system which can be linked to…
It is all about the benefits: the Russian state discusses Arctic energy development.
The Arctic has been providing Russia with large amounts of oil and natural gas over the last century. The environmentally sensitive region will face many natural and social impacts if the hydrocarbon industry continues to work in this way, however, the state’s leadership would not like the business to stop. The recent study of Sidortsov…