Russia approves carbon trading pilot in far-eastern outpost

Published 18:59 on January 26, 2021  /  Last updated at 00:17 on January 27, 2021  /  Asia Pacific, Carbon Taxes, CBAM, EMEA, International, Kyoto Mechanisms  /  No Comments

Russia has approved a pilot carbon trading scheme for its gas-rich Sakhalin island, a rare sign of climate action for the world's fourth biggest emitter amid looming pressure from proposed EU border measures.

Russia has approved a pilot carbon trading scheme for its gas-rich Sakhalin island, a rare sign of climate action for the world’s fourth biggest emitter amid looming pressure from proposed EU border measures.

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