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UNEP impact on growth strategy of Russian mining companies

Author

Listed:
  • Veronika Sergeevna Savchenko

    (Russian Foreign Trade Academy, Moscow, Russia)

  • Yulia Viktorovna Zvorykina

    (Research Institute and expert assessments of VEB of the Russian Federation; Russian Foreign Trade Academy, Moscow, Russia)

Abstract

Paris agreement and the United Nation Environment Programme (UNEP) force mining companies to revise their strategy in more sustainable way and focus on decreasing carbon emissions. To compete in new global terms companies have to turn to more ecological production and in some cases adept to declining demand for their goods and as the result to decreasing profit and revising new projects. Right now, the spread of COVID-19 presents a good example of brave low carbon world, but for the most mining companies this turns into stress. How Russian companies prepare to the new reality is considered in the article.

Suggested Citation

  • Veronika Sergeevna Savchenko & Yulia Viktorovna Zvorykina, 2020. "UNEP impact on growth strategy of Russian mining companies," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 5, pages 48-52, May.
    • Handle: RePEc:alq:rufejo:rfej_2020_05_48-52
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