UNEP impact on growth strategy of Russian mining companies

Veronika Sergeevna Savchenko and Julia Zvorykina
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Veronika Sergeevna Savchenko: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2020, issue 5, 48-52

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.

Keywords: Paris agreement; UNEP; sustainable development; mining; metals; decreasing demand; coal; carbon emissions. (search for similar items in EconPapers)
Date: 2020
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