Ecological and economic bases for development and implementation of carbon sequestration related climate projects in Russia

The article examines the emerging national carbon market in Russia, the incentives and competitive advantages of domestic business at the carbon market as the economic basis for development and implementation of carbon sequestration projects in Russia. The Russian Federation, which has committed its...

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Main Authors: Yulia L. Zakirova, Anastasia V. Lazareva
Format: Article
Language:English
Published: Peoples’ Friendship University of Russia (RUDN University) 2024-12-01
Series:RUDN Journal of Ecology and Life Safety
Subjects:
Online Access:https://journals.rudn.ru/ecology/article/viewFile/42526/24412
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author Yulia L. Zakirova
Anastasia V. Lazareva
author_facet Yulia L. Zakirova
Anastasia V. Lazareva
author_sort Yulia L. Zakirova
collection DOAJ
description The article examines the emerging national carbon market in Russia, the incentives and competitive advantages of domestic business at the carbon market as the economic basis for development and implementation of carbon sequestration projects in Russia. The Russian Federation, which has committed itself to taking measures to mitigate climate change, has set a goal of achieving carbon neutrality by 2060 in two possible ways: through direct emissions reduction and carbon capture (sequestration), storage (deposition). The national carbon trading system being actively created in Russia allows the state to fulfill its international climate obligations, but at the same time act as an independent regulator in this area and proactively protect domestic producers from possible unfair competition and arbitrariness on the part of participants in the global carbon market.
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institution Kabale University
issn 2313-2310
2408-8919
language English
publishDate 2024-12-01
publisher Peoples’ Friendship University of Russia (RUDN University)
record_format Article
series RUDN Journal of Ecology and Life Safety
spelling doaj-art-0bfa429fa1294a22a5a10a3473a7b43f2025-01-21T08:22:15ZengPeoples’ Friendship University of Russia (RUDN University)RUDN Journal of Ecology and Life Safety2313-23102408-89192024-12-0132445445810.22363/2313-2310-2024-32-4-454-45821218Ecological and economic bases for development and implementation of carbon sequestration related climate projects in RussiaYulia L. Zakirova0https://orcid.org/0000-0002-4258-6252Anastasia V. Lazareva1https://orcid.org/0000-0002-1807-6375RUDN UniversityMGIMO UniversityThe article examines the emerging national carbon market in Russia, the incentives and competitive advantages of domestic business at the carbon market as the economic basis for development and implementation of carbon sequestration projects in Russia. The Russian Federation, which has committed itself to taking measures to mitigate climate change, has set a goal of achieving carbon neutrality by 2060 in two possible ways: through direct emissions reduction and carbon capture (sequestration), storage (deposition). The national carbon trading system being actively created in Russia allows the state to fulfill its international climate obligations, but at the same time act as an independent regulator in this area and proactively protect domestic producers from possible unfair competition and arbitrariness on the part of participants in the global carbon market.https://journals.rudn.ru/ecology/article/viewFile/42526/24412mitigating climate changeclimate projectscarbon sequestrationcarbon market
spellingShingle Yulia L. Zakirova
Anastasia V. Lazareva
Ecological and economic bases for development and implementation of carbon sequestration related climate projects in Russia
RUDN Journal of Ecology and Life Safety
mitigating climate change
climate projects
carbon sequestration
carbon market
title Ecological and economic bases for development and implementation of carbon sequestration related climate projects in Russia
title_full Ecological and economic bases for development and implementation of carbon sequestration related climate projects in Russia
title_fullStr Ecological and economic bases for development and implementation of carbon sequestration related climate projects in Russia
title_full_unstemmed Ecological and economic bases for development and implementation of carbon sequestration related climate projects in Russia
title_short Ecological and economic bases for development and implementation of carbon sequestration related climate projects in Russia
title_sort ecological and economic bases for development and implementation of carbon sequestration related climate projects in russia
topic mitigating climate change
climate projects
carbon sequestration
carbon market
url https://journals.rudn.ru/ecology/article/viewFile/42526/24412
work_keys_str_mv AT yulialzakirova ecologicalandeconomicbasesfordevelopmentandimplementationofcarbonsequestrationrelatedclimateprojectsinrussia
AT anastasiavlazareva ecologicalandeconomicbasesfordevelopmentandimplementationofcarbonsequestrationrelatedclimateprojectsinrussia