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Putin announced the possible creation of a national carbon market
Vladimir Putin announced the possible creation of a national carbon market in Russia. The project will be tested in the Sakhalin Region.
The Russian President announced this today during the SPIEF plenary session. Vladimir Putin specified that in the future, the country's climate industry revenue will exceed $ 50 billion a year. The head of state invited to cooperate in this area.
Putin instructed the Russian Cabinet of Ministers to define clear project criteria and form the necessary regulatory framework for Russian and foreign business by 2022.
Earlier, within the framework of the SPIEF, the head of the Sakhalin region, Valery Limarenko, said that the region was making plans to achieve carbon neutrality to 2025 year.