Following the COP21 in Paris the Russian Natural Resources and Environment Ministry is seeking to reduce its CO2 emissions by 5 percentage points to 70 % of the 1990 level by 2030.
The Russian Natural Resources of Environment Ministry strives that it is a continued national priority for Russia and following the new decree issued by President Vladimir Putin, the country has plans to reduce CO2 emissions to maximum 75% by 2020.
In addition, Russia seeks to reduce CO2 emissions by an additional 5 percentage points by 2030. However, it is believed to be a very ambitious goal taken into consideration the growth of the Russian economy.
The Russian Natural Resources and Environment Ministry hopes that the decree will have similar implications as that of the Kyoto Protocol where Russia managed to carry out more than 100 projects CO2 neutral projects.