Ministry of Economic Development of the Russian Federation
Ministry of Economic Development of the Russian Federation
Maxim Reshetnikov: the climate agenda will be a key topic in the development of EU-Russia economic ties
22 April 2021 13:45

This was announced on Thursday, April 22, by the Minister of Economic Development of Russia Maxim Reshetnikov at the Association of European Businesses (AEB) 25+ anniversary conference.

According to Maxim Reshetnikov, the Ministry of Economic Development is paying particular attention to the climate agenda. At this stage, the Ministry is creating its own climate package and negotiating a carbon border adjustment mechanism with the EU.

"Our domestic agenda covers a whole range of issues at once: reducing greenhouse gas emissions, switching to green technologies in the energy sector and electric vehicles, as well as launching green investments," explained the head of the agency. The Minister reminded that the current priority of the Ministry of Economic Development is to develop a basic draft law on greenhouse gas emissions. "We are introducing a carbon regulation mechanism based on emissions accounting and creating all the necessary infrastructure for the emergence of new markets for carbon units and for attracting investment in climate projects," said Maxim Reshetnikov.
"Today, we will consider a draft law on golden visas in the government, namely simplifying the conditions for obtaining residence permits for investors and their relatives. They will get the same rights as Russian residents: to move freely around the country, to start a business, to leave the country and to return without invitations or visas," he said.

In his opening speech, the Minister also referred to the result of the investment protection and promotion agreement (IPPA), which guarantees unchanged state support conditions for large projects. "We have already concluded 36 agreements worth 1.3 trillion roubles, of which two projects are with foreign investors," the Minister emphasized.

As Maxim Reshetnikov noted, the Russian government has approved a roadmap for the development of hydrogen energy until 2024. "We are forming an efficient export-oriented industry in Russia, which will be developed on the basis of advanced technologies. Our goal is to become one of the world leaders in its production and exports. We see great potential here for working together with European businesses and for sharing experiences in order to move in the same direction," the Minister concluded.
The AEB Skolkovo conference was also attended by Johan Vanderplaetse, AEB Board Chairman and Senior Vice President of Schneider Electric, Esko Aho, former Prime Minister of Finland and Senior Advisor to the East Office – Finnish Industry Representative Office, Maxim Akimov, CEO and Board Chairman of the Russian Post, Alexander Grushko, Russian Deputy Foreign Minister, Kristina Tikhonovaa, Microsoft Russia President, Pavel Sorokin, Russian Deputy Energy Minister and others.

Дата публикации: April 22, 2021
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