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Russia and Global Green Transition : Risks and Opportunities / Igor Makarov.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
Makarov, Igor.
Contributor:
Besley, Daniel.
Boratynski, Jakub.
Chepeliev, Maksym.
Golub, Elena.
Hasan, Dudu.
Nemova, Vladislava.
Stepanov, Ilya.
Series:
Energy-Environment Review.
World Bank e-Library.
Language:
English
Subjects (All):
Carbon Policy and Trading.
Climate Change Mitigation and Green House Gases.
Energy.
Energy Demand.
Environment.
Environment and Energy Efficiency.
Environmental Economics and Policies.
Local Subjects:
Carbon Policy and Trading.
Climate Change Mitigation and Green House Gases.
Energy.
Energy Demand.
Environment.
Environment and Energy Efficiency.
Environmental Economics and Policies.
Other Title:
Russia and Global Green Transition
Place of Publication:
Washington, D.C. : The World Bank, 2021.
System Details:
data file
Summary:
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.

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