Russian Federation ratified Paris Agreement with Government Decree
Prime Minister of Russian Federation, Dmitry Medvedev said Monday he’d signed the order [to ratify Paris Agreement] ahead of the UN Climate Action Summit in New York, RIA Novosti reported. “It’s obvious that stopping global change can only be done together,” he said. “For our country, participating in this process is important.”
Under the Paris framework, Russia is pledging to limit emissions to 70% to 75% of baseline levels by 2030. And it has until the end of 2020 to present its new long-term strategy for achieving that goal, according to Ruslan Edelgeriev, Putin’s senior adviser on climate change. “We have to take account for the fact that the Russian economy is in large part built around carbon-intensive industries,” Edelgeriev said in response to emailed questions sent by Bloomberg. “Russia needs to become a leader not just in the export of fossil fuels, but also in the export of new technologies and clean energy.”
Government decree on ratification (in Russian) can be found here.
Read what Bloomberg writes about the background of the ratification, here.