Business programme

A Healthy Climate: What Does it Look Like?

16 Jun , 15:00–16:15
The New Economic Order: Responding to the Challenges of the Time

Global climate change is the most serious problem facing modern man. All the world’s leading nations have recognized this fact. Russia’s role in this process is unique: its natural ecosystems play a key role in solving the world’s climate problems. In 2019, the Russian Federation joined the Paris Climate Agreement, which calls upon countries to curtail growth of the Earth’s overall average temperature to remain within 1.5–2°Ϲ. Russia is a global environmental donor, the largest country in the world in terms of area, and almost half of its territory is occupied by forests, which absorb significant amounts of the greenhouse gases entering the planet’s atmosphere as a result of human economic activities. Russia is also one of the most water-rich countries on the planet, with the world’s largest reserves of fresh water. We possess a multitude of lakes, rivers, swamps, and seas. 7.5 million square kilometers of shorefront territory in the Russian Federation play an important role in maintaining the balance of greenhouse gases. The vegetation in our seas acts as the planet’s gills. Seawater absorbs and retains carbon. Russia has already gained a great deal of positive experience in creating marine aquaculture farms which, apart from producing valuable biological products, can make a serious contribution to regulating the balance of greenhouse gases. The country, based on the principles of ecological sovereignty of the Russian Federation, cannot stand aside from the global ecological agenda – decarbonization. The state’s natural resource potential must be harnessed, calculated, and monetized. Can we create successful carbon landfills? What opportunities await our country in the effort to maximize our planet’s ecological potential? And in the current geopolitical situation, what are the rules and requirements for creating normal conditions for long-term, successful operation on the part of our country’s leading corporations?