Russia and the Kyoto Protocol: Opportunities and Challenges

Russia's ratification of the Kyoto Protocol brought the pact into force and established an international market in greenhouse gases. As other participants seek to meet their Kyoto commitments to reduce harmful emissions, Russian climate politics is dominated by the supply of surplus emission allowances and credits that could provide other countries with cheaper compliance. Russia and the Kyoto Protocol assesses the prospects for international emissions trading and joint implementation with Russia in the light of economic, political, and institutional factors. The book provides an understanding of the interplay with developments in the energy sector and Russia's economic ambitions and capacity to comply with Kyoto requirements. Potential future political and administrative developments are also considered. This detailed insight into the dynamics of Russian Kyoto politics and implementation will be of value to policymakers, businesses, and analysts engaging with Russia through the Kyoto mechanisms, and those interested in developments in the international climate regime.