CARBON MARKET IN RUSSIA ORGANIZATIONAL ISSUES

Irina Belik () and Natalia Starodubets
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Irina Belik: Ural Federal University, Postal: RU

Journal of Advanced Research in Management, 2015, vol. 6, issue 2, 191-199

Abstract: Cap and trade system implemented in flexibility mechanisms of Kyoto Protocol and in regulatory carbon markets showed its efficiency in reducing carbon intensity of GDP and pollution of the environment Russia together with other countries such as Ukraine Kazakhstani etc has just made the first steps towards carbon market Therefore the main purpose of this paper is to bring forward an organizational mechanism of carbon market in Russia As a result paper describes a set of actions that should be taken by policymakers at both preparatory and basic stages of carbon market introduction One of such actions is building up a digital platform for carbon projects at the regional and national levels The Bank of Carbon Projects where all projects should be ranked according to the procedures described in the paper Decision makers in Russia and other transition countries when creating domestic carbon markets outside the Kyoto Protocol may use obtained results

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:srs:jemt00:v:6:y:2015:i:2:p:191-199

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