Russia will calculate damage from climate change

In Russia, they are going to calculate the damage that the state causes a climate change. According to the newspaper Vedomosti, the Ministry of Economic Development approved the Methodical recommendations for adaptation to climate change. After that, new statistical data will appear in the country, taking into account the amount of damage from global warming.

The document has become one of the stages of the implementation of the Paris Agreement. Department of Competition Department, Energy Efficiency and Ecology of the Ministry of Economic Development Andrei Chaika clarified that the next step will be the creation of specific plans for regions and industries.

Now statistics reflect only risks related to emergency situations. However, a significant part of potential damage is associated with slow changes in climate: this applies, for example, to melting permafrost. Methodical recommendations propose to evaluate economic damage from climatic risks including in ruble equivalent.

Earlier in May, a special representative on climate matters Ruslan Edelgriyev said that the growth of greenhouse gas emissions is the greatest risk for the country’s economy. “If our partners abroad globally reduce emissions in their own country, then, unfortunately, these emissions are growing in our country,” Edelgriev emphasized. He also called the struggle with an increase in emissions by the condition for the exit of Russia to new international markets.

The development of green energy for Russia is now especially important against the background of the upcoming exhaustion of the reserves of traditional hydrocarbons. As Alexander Kozlov said, the provision of all oil reserves in Russia at current extraction is 59 years old, natural gas – 103 years.

The fact that the era of oil and gas will soon be completed by the billionaire Oleg Deripaska. He recalled that earlier the International Energy Agency (IEA) warned against investments in new oil and gas projects. The industries will reinstate themselves, the entrepreneur said.

/Media reports.