Russia finally on the way to generating JI credits

Katie Holliday
04 Mar 2010

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Russian bank Sberbank has started accepting bids for 30 million Emission Reduction Units (ERUs). Experts say the move is a positive signal that Russia will finally begin generating ERUs after a lengthy delay.

Sberbank was appointed as the operator for a scheme to trade carbon emission rights under the Kyoto Protocol last November. A total of €350 million ($476 million) is set to be generated from the move.

According to Olga Gassan-zade, senior analyst at carbon consultancy Point Carbon, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]