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Russian low carbon development strategy

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  • I. A. Bashmakov

Abstract

The article presents the key results of scenario projections that underpinned the Strategy for long-term low carbon economic development of the Russian Federation to 2050, including analysis of potential Russia’s GHG emission mitigation commitments to 2050 and assessment of relevant costs, benefits, and implications for Russia’s GDP. Low carbon transformation of the Russian economy is presented as a potential driver for economic growth that offers trillions-of-dollars-worth market niches for low carbon products by mid-21st century. Transition to low carbon economic growth is irreversible. Lagging behind in this technological race entails a security risk and technological backwardness hazards.

Suggested Citation

  • I. A. Bashmakov, 2020. "Russian low carbon development strategy," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 7.
    • Handle: RePEc:nos:voprec:y:2020:id:3043
    DOI: 10.32609/0042-8736-2020-7-51-74
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    File URL: https://www.vopreco.ru/jour/article/viewFile/3043/2289
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    Cited by:

    1. Safonov, G. & Potashnikov, V. & Safonov, M. & Stetsenko, A. & Kozeltsev, M. & Dorina, A. & Semakina, A. & Sizonov, A., 2022. "The prospects for ecological modernization of Russian economy," Journal of the New Economic Association, New Economic Association, vol. 56(4), pages 195-201.
    2. S. V. Chepel’, 2022. "Investment, Technological, and Social Aspects in Modeling the Transition to Low-Carbon Development: The Case of Uzbekistan," Studies on Russian Economic Development, Springer, vol. 33(5), pages 571-581, October.

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