Details
Country
Russian Federation
Publication date
2 Jul, 2021
Citation
Act 296-FZ of 2021
Source language
Russian
Title in original language
Российская Федерация Федеральный Закон Об Ограничении Выбросов Парниковых Газов
Abstract
This law defines the basis for the legal regulation of relations in the field of economic and other activities that are accompanied by greenhouse gas emissions and are carried out in Russia. The purpose of this Federal Law is to create conditions for sustainable and balanced development of Russia while reducing the level of greenhouse gas emissions.
The document notably sets the legal framework for 1) mandatory carbon reporting that is due to start in 2023 for the most polluting companies and 2) carbon offsetting schemes.
The summary of this document was written by researchers at the Grantham Research Institute for the Climate Change Laws of the World database, available at climate-laws.org