In January, Russia`s trade union of industrialists and business leaders scaled back its opposition to the climate agreement, fearing sanctions against Russian companies. In a budget discussion with Putin on Monday, Medvedev said funding for environmental programs would increase, but did not mention the Paris agreement. The Russian government will introduce legislation by September to ratify the Paris climate agreement, but President Vladimir Putin has warned of the dangers of „absolutist“ renewable energy. This is reported by climate Home News, EURACTIV`s media partner. Although the government has not been officially called „ratification,“ it said in a statement that the decree meant the adoption of the agreement by Russia and „Russia`s approval of the obligations arising from the Paris agreement.“ The document signed by Prime Minister Dmitry Medvedev states that Russia formally adopts the 2015 Paris Agreement and that it „now has the financial means… Developing countries for prevention and adaptation to climate change. Russia`s ratification of the Paris Agreement in 2019 was followed in early 2020 by the publication of its draft long-term climate strategy. This strategy includes emissions forecasts for 2050 that, even in the most ambitious scenario, predict a level of greenhouse gas emissions at about the current level. It is more than likely that Russia will achieve both its current goal of the Paris Agreement and its proposed new 2030 target under current policy. Russia has ratified the Paris climate agreement, marking a shift in rhetoric for the world`s fourth-largest greenhouse gas polluter, although its promised targets are so low that it can still increase emissions. On Monday, the Russian prime minister formally backed the Paris climate agreement and ordered that Russian laws be adapted to his obligations, according to a decree published on the government`s website.
A government source told AFP that the document was „the final step in the process of Russia`s adoption of the Paris Agreement.“ But this is nothing more than a sleight of hand, as Russian industry is still operating much more slowly today than it was before the collapse of the Soviet command economy. In 2017, Russia`s emissions were 32% lower than in 1990. This will effectively allow it to pollute more while meeting the current goals of the Paris Agreement. As part of the Paris Agreement, which allowed countries to set their own targets, Russia pledged to reduce emissions by 25-30% from 1990 levels by 2030. Putin, who questioned whether human activities are the sole driver of hot climate cycles, posed as an environmental advocate. Comments Print Email Facebook LinkedIn WhatsApp . The NGO Climate Action Tracker has welcomed Russia among the five countries whose commitments are „critically insufficient“ to keep warming within 2 degrees Celsius which studies say will bring a „new climate regime“ into line up in many parts of the world.