Business programme

International Carbon Credit Trade: Russia’s Potential

16 Jun , 11:00–12:15
The New Economic Order: Responding to the Challenges of the Time
Pavilion G, conference hall G5
In partnership with Gazprombank

Adapting economies to climate change and mitigating any negative environment impact remains an important task. Decarbonization is an objective reality for companies that is dictated both by changes in the balance of supply and demand on several markets as well as some of the international restrictions that are being introduced. The carbon trading system is one of the mechanisms used to encourage businesses to reduce greenhouse gas emissions and introduce low-carbon technologies. At the same time, voluntary markets for carbon units have been developed as a way to monetize climate projects that are being implemented by responsible companies. Certain countries have already made some progress in developing a market for carbon credits, however, this is one of the most effective mechanisms for containing climate change and should be actively developed. The infrastructure of carbon markets and carbon credits in different countries is at different stages of development. What are some of the specific aspects of the architecture of the emerging national market for carbon units? What experience do participants in voluntary markets for carbon credits have? What is the potential market volume as part of the Sakhalin experiment and the economic effect for investors? What are the prospects for scaling up regional carbon experiments? What opportunities exist for integrating the national market of carbon units into the market infrastructure in the Eurasian region?

Moderator
Elena Borisenko, Deputy Chairman of the Management Board, Gazprombank

Panellists
Vyacheslav Alenkov, Deputy Chairman of the Government of the Sakhalin Region
Pei Wang, Head of Research and Strategy, Unipec (online)
Oksana Gogunskaya, General Director, Kontur
Jean-Claude Knebeler, Head of Sustainable Development Department, International and Comparative Law Research Center (ICLRC)
Pavel Sorokin, First Deputy Minister of Energy of the Russian Federation
Archit Srivastava, General Director, Earthood (online)
Bin Hui, Deputy General Director, Shanghai Environment and Energy Exchange (online)
Ruslan Edelgeriyev, Advisor to the President of the Russian Federation; Special Presidential Representative on Climate Issues

Front row participants
Denis Deryushkin, Deputy General Director - Head of Analytical Center, Russian Energy Agency of the Ministry of Energy of the Russian Federation
Anna Romanovskaya, Director, Yu.A. Izrael Institute of Global Climate and Ecology of the Russian Federal Service for Hydrometeorology and Environment Monitoring

Broadcast