Russia and Global Green Transition : Risks and Opportunities

Greener economic development in Russia will allow the country to overcome the limits of its current fossil fuel-dependent growth model. It can deliver prosperity to Russia’s citizens that is more sustainable and more resilient to external shocks in a rapidly changing global economy. The choices toward carbon neutrality made by an increasing number of countries and companies bring a new wave of uncertainty to the value of fossil fuel assets. This uncertainty is likely to result in lower and more volatile revenue from exports of hydrocarbons and energy-intensive industrial products.

Bibliographic Details

Main Authors:	Makarov, Igor, Besley, Daniel, Hasan, Dudu, Boratynski, Jakub, Chepeliev, Maksym, Golub, Elena, Nemova, Vladislava, Stepanov, Ilya
Format:	Report biblioteca
Language:	English
Published:	World Bank, Washington, DC 2021-12-07
Subjects:	FOSSIL-FUEL DEPENDENCE, POST-PANDEMIC RECOVERY, GREEN TRANSITION, CARBON POLICY, CARBON BORDER ADJUSTMENT MECHANISM, DECARBONIZATION, GREEN GROWTH, CLIMATE POLICY, GREEN FINANCE, LOW-CARBON ENERGY TECHNOLOGY,
Online Access:	http://documents.worldbank.org/curated/undefined/319061639149266594/Russia-and-Global-Green-Transition-Risks-and-Opportunities http://hdl.handle.net/10986/36757
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