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Effective Action Strategy to Cope with Climate Change and Its Impact on Russia’s Economy

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  • B. N. Porfiryev

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

In continuation of the topic of choosing an effective strategy on coping with climate change and its impact (see [1]), this paper considers the strategy above within the framework of the conditions, imperatives, and prospects of the socio-economic development of modern Russia. It is substantiated that this strategy should imply the implementation of interrelated sets of institutional, economic, and technological measures that prioritize (1) boost of economic growth through improving production efficiency using the best available resource management technologies; (2) reduction of the hazardous impact of economic activity on the environment and the communities (primarily, cutting emissions of toxic and hazardous pollutants, including those containing carbon, into the air); (3) communities’ and ecosystems’ adaptation and protection against such an impact and its consequences, including climate change; (4) alleviation of accumulated effects and reduction of current and future technological impact on climate forcing environmental factors.

Suggested Citation

  • B. N. Porfiryev, 2019. "Effective Action Strategy to Cope with Climate Change and Its Impact on Russia’s Economy," Studies on Russian Economic Development, Springer, vol. 30(3), pages 235-244, May.
  • Handle: RePEc:spr:sorede:v:30:y:2019:i:3:d:10.1134_s1075700719030134
    DOI: 10.1134/S1075700719030134
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    References listed on IDEAS

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    1. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    2. Shirov, A. & Kolpakov, A., 2016. "Russian Economy and Mechanisms of Global Climate Regulation," Journal of the New Economic Association, New Economic Association, vol. 32(4), pages 87-110.
    3. B. N. Porfiriev, 2019. "The Low-Carbon Development Paradigm and Climate Change Risk Reduction Strategy for the Economy," Studies on Russian Economic Development, Springer, vol. 30(2), pages 111-118, March.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Ekaterina Syrtsova & Anton Pyzhev & Evgeniya Zander, 2022. "Social, Economic, and Environmental Effects of Electricity and Heat Generation in Yenisei Siberia: Is there an Alternative to Coal?," Energies, MDPI, vol. 16(1), pages 1-19, December.
    2. Svetlana Badina & Alexey Pankratov, 2022. "Assessment of the Impacts of Climate Change on the Russian Arctic Economy (including the Energy Industry)," Energies, MDPI, vol. 15(8), pages 1-18, April.
    3. M. Yu. Ksenofontov, 2021. "Methodological and Methodical Assessments of Socioeconomic Climate Change Impacts," Studies on Russian Economic Development, Springer, vol. 32(4), pages 343-350, July.
    4. Ekaterina A. Syrtsova & Ekaterina D. Ivantsova & Alexandra S. Miskiv & Evgeniya V. Zander & Anton I. Pyzhev, 2024. "Costs of Coal Abatement for Residential Heating to Reduce Urban Air Pollution in Asian Russia: Evidence from Krasnoyarsk," Energies, MDPI, vol. 17(3), pages 1-15, January.
    5. B. N. Porfiryev & A. A. Shirov & M. N. Uzyakov & M. S. Gusev & I. N. Shokin, 2020. "The Main Directions of Socio-Economic Development of Russia in 2020–2024 and for the Period up to 2035," Studies on Russian Economic Development, Springer, vol. 31(3), pages 245-253, May.
    6. D. A. Polzikov, 2022. "Imperatives of Adaptation to Climate Changes in the Development of Agricultural Policy in Russia," Studies on Russian Economic Development, Springer, vol. 33(6), pages 680-686, December.

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