Prime Minister of the Russian Federation

11/13/2024 | Press release | Distributed by Public on 11/13/2024 15:05

Mikhail Mishustin addresses the 29th Session of the Conference of Parties to the UN Framework Convention on Climate Change

Mikhail Mishustin addresses the 29th Session of the Conference of Parties to the UN Framework Convention on Climate Change

Mikhail Mishustin's remarks:

Mr Chairman,

Ladies and gentlemen,

It is a pleasure to address the participants of this conference.

Led by President Vladimir Putin, Russia is actively involved in measures undertaken by the international community to counteract global climate change and ensure the wellbeing of future generations.

We have succeeded in reducing greenhouse gas emissions by more than 50 percent compared to the 1990 levels.

We plan to achieve carbon neutrality by 2060, focusing on higher energy efficiency, the development of electric transport, and the introduction of advanced solutions in agriculture and forestry.

In Russia, clean, low-emission power generation already accounts for 85 percent of the energy balance. I am referring primarily to gas- and nuclear-powered generation, as well as generation relying on renewable sources.

We are developing our own technologies and production facilities to decarbonise industries.

We also use nature's capabilities. My country accounts for one-fifth of the global forest resources, with the volume of carbon dioxide absorption exceeding one billion tonnes per year.

President Vladimir Putin stressed that our country is in favour of pooling efforts in the fight against climate change.

In this regard, I would like to highlight four priorities.

First, we must coordinate a new collective goal for climate funding in the interests of developing countries. Support for them must be real and considerate of the conditions they face, with funds allocated for decarbonising high-emission industries.

Next, it is important that the transition to low-emission power generation is damage-free for the development of low-income countries. The problem of global warming must not be used as a pretext for discrimination, unfair competition, and artificial restrictions.

It is necessary to introduce practical mechanisms for implementing international agreements. A unified system must also be created to assess the quality of climate projects.

Furthermore, academic communities should be encouraged to cooperate with each other. National research can enrich and clarify climate change data on a global scale, facilitating effective decarbonisation and adaptation decision-making.

Colleagues, Russia remains committed to low-carbon development goals. We are upgrading our laws, providing voluntary assistance to climatically vulnerable countries, and we are ready to continue this work while maintaining a close dialogue with all concerned states.

Thank you.