The main question is whether the CBAM will push companies producing abroad to invest in greener manufacturing policies
In July 2021, the European Commission (EC) announced the launch of the Carbon Boarder Adjustment Mechanism, the CBAM. It was presented as a climate measure in support ...
... Chairman of the Board of Directors of CREON Group and RIAC member
On April 16, 2021, Russian International Affairs Council (RIAC) and CREON Group hosted an international expert seminar on “
Prospects for cooperation between Russia and the EU in the ecology sphere
”. Diplomats, experts, academics, and business operatives debated the European “Green Deal”, its risks and opportunities for the relations between Russia and the EU, as well as the impact of the EU Carbon Border Adjustment Mechanism (CBAM) for bilateral trade.
In an interview for RIAC,
Fares Kilzie
, Chairman of the Board of Directors of CREON Group and RIAC member, pledges to transform the EU-branded “Green Deal” into a Eurasian project. Only a common cross-continental approach ...
... CREON Group held a seminar on the topic "Prospects for cooperation between Russia and the EU in the ecology sphere".
The discussion focused on the challenges and prospects of relations between Russia and the European Union in the field of ecology and how the European Border Carbon Mechanism (CBAM) might affect the European and Russian economies.
The seminar participants included diplomats, experts and researchers from academic institutions, as well as business representatives. Opening remarks were made by Igor Ivanov, RIAC President. The ...
Divergent opinions are no crucial obstacle to environmental cooperation between the parties. Russia can benefit from the European Green Deal
The European Green Deal approved by the EU in 2019 is an economic development strategy for decoupling and for carbon neutrality by 2050 [
1
]. The plan is to reduce greenhouse gas emissions by at least 55% by 2030. In pursuit of this policy, the EU is setting the goals of increasing resource use efficiency and of advancing toward a circular economy, restoring...