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 a rapidly changing global economy. The choices...
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Other Authors: | , , |
Format: | eBook |
Language: | English |
Published: |
Washington, D.C
The World Bank
2021
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Series: | Energy-Environment Review
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Subjects: | |
Online Access: | |
Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
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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