Photo from: Department of Natural Resources Management of Moscow
Our country has the necessary infrastructure for sustainable financing. In the current situation, some foreign players (rating agencies, ESG consultants and so on) have suspended operations in the Russian market, and now domestic players have taken their place in the system.
Our major exporters are very deeply immersed in the ESG agenda: they are developing world-class environmental and social programmes to meet the requirements of international markets.
The Climate Bonds Initiative (CBI) last year praised our regulatory framework for green finance during the UN Climate Change Conference (COP26) in Glasgow. There, our exporters publicly stated that the Russian infrastructure meets the best international standards.
Cover photo: GettyTim82 / iStock
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