COULD THE ENERGY TRANSITION RESTART ECONOMIC GROWTH IN RUSSIA?
Alexander Plakida, Chairman of the Governing Board, Global Compact National Network Association
Anatoliy Chubais, Special Representative of the President of the Russian Federation for relations with international organizations to achieve sustainable development goals
A fundamental condition for the implementation of the concept of sustainable development is the successful transformation of the energy sector. Clean and affordable energy is a prerequisite for addressing environmental, economic and social challenges. Thus, the energy transition today is a priority task, on the solution of which depends the overall success in overcoming the global challenges of mankind.
Global challenges can only be overcome together, in partnership. But each state defines an energy transition strategy based on its own technological, economic, climatic and social peculiarities.
In Russia, the defining provisions for the energy transition were two key decisions: the first was the official announcement of the state's transition to carbon neutrality by 2060, and the second was a strategy for low-carbon development.
How will this affect the country's economy? What place can Russia take in the new world agenda?