UPDATE – Moscow Exchange and VTB to launch Russian carbon marketplace, as Putin makes climate pledges

Published 11:07 on June 4, 2021  /  Last updated at 23:35 on June 4, 2021  /  Asia Pacific, Carbon Taxes, CBAM, EMEA, EU ETS, International, Kyoto Mechanisms, Voluntary Market  /  No Comments

Moscow Exchange and Russia’s second-largest bank VTB signed an agreement to develop a carbon marketplace, the two companies announced on Thursday, as President Vladimir Putin made a series of pledges towards developing the country's climate-focussed industries and attracting new foreign investment.

(Updates with comments from Russian President Vladimir Putin and the heads of the IMF and World Bank)

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