Russia and the Kyoto Protocol: Opportunities and Challenges

Overview

Russia's ratification of the Kyoto Protocol brought the pact into force and established an international market in greenhouse gases. As other participants seek to meet their Kyoto commitments to reduce harmful emissions, Russian climate politics is dominated by the supply of surplus emission allowances and credits that could provide other countries with cheaper compliance.

Russia and the Kyoto Protocol assesses the prospects for international emissions trading and joint ...

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Overview

Russia's ratification of the Kyoto Protocol brought the pact into force and established an international market in greenhouse gases. As other participants seek to meet their Kyoto commitments to reduce harmful emissions, Russian climate politics is dominated by the supply of surplus emission allowances and credits that could provide other countries with cheaper compliance.

Russia and the Kyoto Protocol assesses the prospects for international emissions trading and joint implementation with Russia in the light of economic, political, and institutional factors. The book provides an understanding of the interplay with developments in the energy sector and Russia's economic ambitions and capacity to comply with Kyoto requirements. Potential future political and administrative developments are also considered.

This detailed insight into the dynamics of Russian Kyoto politics and implementation will be of value to policymakers, businesses, and analysts engaging with Russia through the Kyoto mechanisms, and those interested in developments in the international climate regime.

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Editorial Reviews

From the Publisher

"This book offers, for the first time, a clear, comprehensive, and rigorously analysed map of the interface between Russian policy-making processes and the emerging international climate regime." —John Ashton, E3G, Third Generation Environmentalism

"A fascinating, informative read." —John Drexhage, International Institute for Sustainable Development

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Product Details

  • ISBN-13: 9781862031685
  • Publisher: Royal Institute for International Affairs/Chatham House
  • Publication date: 3/28/2006
  • Pages: 196
  • Product dimensions: 5.10 (w) x 7.70 (h) x 0.50 (d)

Meet the Author

Anna Korppoo is a researcher at Finland Futures Research Centre and a Ph.D. student at Imperial College, London. Jacqueline Karas is an associate fellow in the Sustainable Development Programme at Chatham House and an independent consultant on climate change and sustainable development. Michael Grubb is an associate fellow in the Sustainable Development Programme at Chatham House and a visiting professor in Climate Change and Energy Policy at Imperial College, London.

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Table of Contents

1 Introduction 1
2 The road to ratification and beyond 6
3 Russian energy and carbon dioxide emission prospects 24
4 Russian opportunities in the Kyoto market 40
5 The value to Russia of emissions trading 55
6 Indirect effects of emissions trading 73
7 Joint implementation in Russia : prospects and value 85
8 Lessons learnt from AIJ pilot projects 99
9 Russian institutional compliance under Kyoto 112
10 Progress and prospects for implementation 123
11 Conclusion 138
App. 1 Russian pilot phase projects 145
App. 2 Carbon and CO[subscript 2] ready reckoner 148
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