"Russian Climate Plan Sees Rising Emissions Countered by Forests"

"Russia expects to increase greenhouse gas emissions over the next 30 years and instead rely on its trees to meet its international climate obligations, according to a draft of the nation’s low-carbon development strategy.

Emissions are seen rising 8.2% from 2019 levels to 2.29 billion tons of CO2 equivalent by 2050, according to the base-case scenario in the draft prepared by the Economy Ministry. The plan says the growth will be more than compensated for by doubling the estimated absorption capacity of Russia’s forests thanks to planting trees, reducing the number of fires and restoring wetlands."

Olga Tanas and Andrey Biryukov report for Bloomberg Green August 25, 2021.

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Source: Bloomberg Green, 08/27/2021