World Economy and International Relations | VOL. 64
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Стратегия низкоуглеродного развития: перспективы для экономики России

Publication Date Jan 1, 2020

Abstract

As a party to the Paris Agreement Russia pledged not to exceed the net greenhouse gas (GHG) emissions’ level of 70–75% to that existed in 1990. Energy efficiency improvement, structural shifts in production and the increase of Russian forests’ carbon sink capacity were the key contributors to curbing the GHG emissions in Russia during the last 25 years. The decreasing carbon intensity of the GDP was a natural result of economic growth and implementation of voluntary business projects to improve the efficiency of the industrial sector using investments in modernization of the production facilities. Russia disposes significant potential to reduce GHG emissions, but the feasibility and efficiency of respective measures should be evaluated considering the implications to economic growth. Implementation of the socalled aggressive scenario to halt global temperature growth at any cost within 1.5 °C as compared to the pre-industrial era is unacceptable to Russia from socioeconomic perspective given its leading to lowering the average annual GDP growth rate by 1.8 percentage points by 2050. In addition, tough measures to reduce GHG emissions involve energy costs skyrocketing to unprecedented levels – from the current 13% of the GDP to 30% of the GDP by 2040. Such a burden would hardly be compatible with economic growth or, in any case, provide for the economic growth’s providing for improvement of the communities’ standard of living. Russia needs the long-term development strategy with low GHG emissions level focused on improving th...

Concepts

Carbon Sink Capacity Greenhouse Gas Emissions Economic Growth Emissions In Russia Economic Stagnation Low Emissions Level Investments In Modernization Cogeneration Of Electricity Long-term Development Strategy Greenhouse Gas Emissions Reduction

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