Business programme

The Circular Economy and the Environment

16 Jun , 09:00–10:15
The Russian Economy: New Objectives and Horizons

In 2021, the waste management industry led Russia in industrial production growth, the result of waste reform implemented in country. 15.5 million tons of new facilities for processing solid municipal waste and 4.6 million tons for recycling have been commissioned across the constituent entities of the Russian Federation. Regional leaders have been identified along with those lagging behind. On the whole there has been a gradual expansion of target setting – from the creation of a complex system of solid municipal waste management to the creation of a circular economy within Russia. Building and modernizing the relevant infrastructure calls for modern equipment and will lead to the creation of thousands of new jobs. Growth within the industry, the expansion of target-setting, and the new negative conditions in which the Russian economy has found itself as a result of external factors have all uncovered problems that need to be solved for the further successful implementation of the waste reform and the facilitation of a circular economy. What anti-crisis measures must be taken to ensure the growth of the industry in the new reality? What new mechanisms need to be created to support investors and growth rates in the industry? Is the financial sector ready to support the principles of sustainable development in the face of sanctions? How can we create an effective ‘seamless’ training system for the personnel who will come to work at the circular economy’s new high-tech infrastructure facilities? How are the regions coping with the new challenges?