Russia and Global Green Transition : Risks and Opportunities
Greener economic development in Russia will allow the country to overcome the limits of its current fossil fuel-dependent growth model. It can deliver prosperity to Russia’s citizens that is more sustainable and more resilient to external shocks in...
| Main Authors: | , , , , , , , |
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/undefined/319061639149266594/Russia-and-Global-Green-Transition-Risks-and-Opportunities http://hdl.handle.net/10986/36757 |
| Summary: | Greener economic development in
Russia will allow the country to overcome the limits of its
current fossil fuel-dependent growth model. It can deliver
prosperity to Russia’s citizens that is more sustainable and
more resilient to external shocks in a rapidly changing
global economy. The choices toward carbon neutrality made by
an increasing number of countries and companies bring a new
wave of uncertainty to the value of fossil fuel assets. This
uncertainty is likely to result in lower and more volatile
revenue from exports of hydrocarbons and energy-intensive
industrial products. |
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