Regulating ecosystem service ‘Regulation of greenhouse gas flows’: Current status and regulatory Promotion in Russia

Irina Akhmedova,Elena Pinigina,Olga Prituzhalova,Liliia Sulkarnaeva,Natalia Zherebyateva,R Apakashev,D Simisinov,A Glebov

doi:10.1051/e3sconf/202017705014

Irina Akhmedova, Elena Pinigina + Show 6 more

Open Access

https://doi.org/10.1051/e3sconf/202017705014

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Abstract

Ecosystem services are an integral part of a country's natural capital, and they require economic valuation. However, in Russia, there is no legislative methodological basis for the economic assessment of many ecosystem services in Russia, particularly the regulation of greenhouse gas flows. The Global climate change, the urgent need in transition to a low-carbon economy, the fall in global oil demand and the dissimilation of the alternative energy sources, the need to reduce the carbon footprint emphasize the strong demand for the creation of the system of payment for ecosystem services and considering service "regulation of greenhouse gas flows" as a category of marketable goods. "Low carbon" is a significant competitive advantage in the markets. The article considers the Russian experience of the ecosystem services of terrestrial ecosystems assessment snd provides an overview of crucial Russian regulations in the field of regulating greenhouse gas emissions. We established that the rhetoric of the key legislation items in the field of greenhouse gas regulation goes along with the world agenda. The main problem today is the need to launch an economic mechanism for regulating greenhouse gas emissions.

Highlights

Global climate change and an increase in average planetary temperature lead to adverse environmental changes
The Kyoto Protocol is an additional document to the United Nations Framework Convention on Climate Change, which was adopted on 05/09/1992 and one of the first documents that led to the modern "green" agenda
By 2020, Russia laid the foundations of an administrative mechanism for regulating greenhouse gas emissions; it created a system for accounting for greenhouse gases

Summary

Introduction

Global climate change and an increase in average planetary temperature lead to adverse environmental changes. Most experts believe that the leading cause of global climate change is the increase in emissions of anthropogenic greenhouse gases and the positive responses of natural ecosystems [1]. The Kyoto Protocol is an additional document to the United Nations Framework Convention on Climate Change, which was adopted on 05/09/1992 and one of the first documents that led to the modern "green" agenda (regulation of greenhouse gas emissions). Countries declare the Intended nationally determined contributions and must review them every five years This agreement emphasizes the protection of ecosystems that provide the ecosystem service "regulating greenhouse gas flows" (carbon capture and sequestration) in the fight against climate change

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