| Abstract |
At present, Russia is active in preparation for ratification of Kyoto Protocol. This is testified by development of legislative, regulatory and methodological frameworks, works on greenhouse gas (GHG) emissions accounting, accumulation and analysis of GHG emissions reduction projects preparation and implementation, elaboration of specialized documentation for such projects. Buyers of Russian emission reductions have become more active too: increasing number of western companies, with operations in various industries, express their interest in cooperation with Russian enterprises and start looking for potential investment projects; increasing number of countries carry out regular international emissions reduction projects tenders. Now, there is no need to prove, as two years ago, that carbon finance is not a myth, and even not a tale. In the light of forthcoming ratification by Russia and, consequently, Kyoto Protocol coming into effect, we are facing another issues: projects in what Administrative Units of the Russian Federation (RFAUs) will be first in a queue for carbon investments; how the Russian Federation Government will distribute assigned amount among RFAUs; what rules and procedures of projects preparation and implementation will be in place at the national level. In this article, falling for temptation to glance in the future, we will try to imagine possible algorithm of both RFAUs and enterprises actions within the project preparation. In general, in regulation of carbon field economic relations the Government should provide three sets of conditions. |