Coal has been used as a primary energy fuel across Siberia but in recent years this has been changing. Finding an optimum balance between transitioning from coal, increasing production of wood pellets but not at the expense of reducing carbon sequestration is an ongoing challenge. In 2012 the national Ecology project launched a range of…
Tag: transition
Implementing green finance in Russia
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%…