PM: Russia to spend 1Ц2% of GDP/year on carbon footprint cut - Oil & Gas - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PM: Russia to spend 1Ц2% of GDP/year on carbon footprint cut

MOSCOW, Jan 13 (PRIME) -- Russia may spend 1Ц2% of the gross domestic product (GDP) on carbon footprint cuts per year until 2050, Prime Minister Mikhail Mishustin said at the Gaidar Forum on Thursday.†

"The all-encompassing measures of carbon footprint reduction are preliminarily estimated at 1Ц2% of the GDP until 2050," Mishustin said.

He added that a program adopted in 2021 is aimed at reaching carbon neutrality by 2060. It would include full recovery of cut forests and development of alternative energy sources. The program includes a 4 billion ruble per year financing program for the companies.

(74.5277 Ц U.S. $1)††

End %%mk/jst%%

13.01.2022 10:38
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 102.3606 -1.0093 22 sep
USD 96.0762 -0.5410 22 sep
Stock Market Indices
1D 1W 1M 1Y
micex 3062.68 -0.18 18:50 22 sep
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 165.80 -0.03 14:14 22 sep
lkoh 6379.00 0.00 23:50 22 sep
rosn 508.00 -4.03 23:50 22 sep
sber 251.52 +0.54 14:14 22 sep
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 102.2250 +0.8900 14:14 22 sep
USDTD 95.9450 0.0000 17:44 22 sep