IDEAS home Printed from https://ideas.repec.org/a/spr/rrorus/v13y2023i4d10.1134_s2079970523701009.html
   My bibliography  Save this article

Nature-Based Offsets in Russia: Key Challenges and Conditions for Success

Author

Listed:
  • N. K. Kurichev

    (HSE University
    Institute of Geography, Russian Academy of Sciences)

  • A. V. Ptichnikov

    (HSE University
    Institute of Geography, Russian Academy of Sciences)

  • E. A. Shvarts

    (HSE University
    Institute of Geography, Russian Academy of Sciences)

  • A. N. Krenke

    (HSE University
    Institute of Geography, Russian Academy of Sciences)

Abstract

— The article discusses the key problems and conditions for the successful development of the industry of nature-based offset projects (NBOP) in Russia. Taking into account the state and prospects for development of external markets for carbon units from NBOP (voluntary carbon markets, national carbon markets, implementation of projects under Articles 6.2 and 6.4 of the Paris Agreement), the conditions for successful entry of carbon units from Russian NBOP to the global market are determined. The key limitations for the domestic market of carbon units from Russian NBOP are presented: the lack of internal economic incentives for companies to acquire carbon credits and invest in Russian NBOP, the lack of national methodologies for implementation of NBOP, legal restrictions, the lack of available tools for assessing the potential of territories for implementing NBOP, and the lack of carbon market regulations based on a case study of the Sakhalin experiment. The limitations of the departmental approach to developing the NBOP sector are shown, which leads to uncoordinated and inconsistent decisions that do not correspond to real conditions in global markets. To remove these restrictions, it is necessary to create a center of competences for the entire range of issues related to implementing NBOP: from specific methodologies for individual projects to scientifically based assessments of their potential at the Russian level. Two scenarios for using NBOP for decarbonization of the Russian economy are considered: (1) predominantly the sale of Russian NBOP carbon units in foreign markets with maximized export earnings in the medium term; (2) development of the NBOP sector primarily for the domestic market to achieve carbon neutrality by 2060. A realistic and balanced strategy presupposes that export-oriented Russian companies should become the key buyers of carbon units from Russian NBOP at the first stage, which can then use these units to reduce the carbon footprint of their output and implement corporate climate strategies.

Suggested Citation

  • N. K. Kurichev & A. V. Ptichnikov & E. A. Shvarts & A. N. Krenke, 2023. "Nature-Based Offsets in Russia: Key Challenges and Conditions for Success," Regional Research of Russia, Springer, vol. 13(4), pages 595-608, December.
    • Handle: RePEc:spr:rrorus:v:13:y:2023:i:4:d:10.1134_s2079970523701009
    DOI: 10.1134/S2079970523701009
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1134/S2079970523701009
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1134/S2079970523701009?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Thales A. P. West & Sven Wunder & Erin O. Sills & Jan Borner & Sami W. Rifai & Alexandra N. Neidermeier & Andreas Kontoleon, 2023. "Action needed to make carbon offsets from tropical forest conservation work for climate change mitigation," Papers 2301.03354, arXiv.org.
    2. repec:osf:osfxxx:fu59w_v1 is not listed on IDEAS
    3. Lambert Schneider & Stephanie La Hoz Theuer & Andrew Howard & Kelley Kizzier & Martin Cames, 2020. "Outside in? Using international carbon markets for mitigation not covered by nationally determined contributions (NDCs) under the Paris Agreement," Climate Policy, Taylor & Francis Journals, vol. 20(1), pages 18-29, January.
    4. Richard T. Conant, 2011. "Sequestration through forestry and agriculture," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 2(2), pages 238-254, March.
    5. Emma Paulsson, 2009. "A review of the CDM literature: from fine-tuning to critical scrutiny?," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 9(1), pages 63-80, February.
    6. Robert Falkner & Naghmeh Nasiritousi & Gunilla Reischl, 2022. "Climate clubs: politically feasible and desirable?," Climate Policy, Taylor & Francis Journals, vol. 22(4), pages 480-487, April.
    7. Cécile A. J. Girardin & Stuart Jenkins & Nathalie Seddon & Myles Allen & Simon L. Lewis & Charlotte E. Wheeler & Bronson W. Griscom & Yadvinder Malhi, 2021. "Nature-based solutions can help cool the planet — if we act now," Nature, Nature, vol. 593(7858), pages 191-194, May.
    8. Stephanie Arcusa & Starry Sprenkle-Hyppolite, 2022. "Snapshot of the Carbon Dioxide Removal certification and standards ecosystem (2021–2022)," Climate Policy, Taylor & Francis Journals, vol. 22(9-10), pages 1319-1332, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Evgeny A. Shvarts & Andrey V. Ptichnikov & Anna A. Romanovskaya & Vladimir N. Korotkov & Anastasia S. Baybar, 2025. "The Low-Carbon Development Strategy of Russia Until 2050 and the Role of Forests in Its Implementation," Sustainability, MDPI, vol. 17(15), pages 1-25, July.
    2. Stua, Michele, 2013. "Evidence of the clean development mechanism impact on the Chinese electric power system's low-carbon transition," Energy Policy, Elsevier, vol. 62(C), pages 1309-1319.
    3. David Grover & Swaroop Rao, 2020. "Inequality, unemployment, and poverty impacts of mitigation investment: evidence from the CDM in Brazil and implications for a post-2020 mechanism," Climate Policy, Taylor & Francis Journals, vol. 20(5), pages 609-625, May.
    4. Andreas A. Haupt & Nicole Immorlica & Brendan Lucier, 2023. "Certification Design for a Competitive Market," Papers 2301.13449, arXiv.org.
    5. Sabine Aresin, 2015. "Reduced Allowability and the Allocation of Emission Abatement," Working Papers tax-mpg-rps-2015-12, Max Planck Institute for Tax Law and Public Finance.
    6. Mele, Antonio & Paglialunga, Elena & Sforna, Giorgia, 2021. "Climate cooperation from Kyoto to Paris: What can be learnt from the CDM experience?," Socio-Economic Planning Sciences, Elsevier, vol. 75(C).
    7. Christoph Böhringer & Thomas Rutherford & Marco Springmann, 2015. "Clean-Development Investments: An Incentive-Compatible CGE Modelling Framework," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 60(4), pages 633-651, April.
    8. Danny Cassimon & Martin Prowse & Dennis Essers, 2014. "Financing the Clean Development Mechanism through Debt-for-Efficiency Swaps? Case Study Evidence from a Uruguayan Wind Farm Project," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 26(1), pages 142-159, January.
    9. Mori-Clement, Yadira, 2019. "Impacts of CDM projects on sustainable development: Improving living standards across Brazilian municipalities?," World Development, Elsevier, vol. 113(C), pages 222-236.
    10. ZhongXiang Zhang, 2013. "Trade in environmental goods, with focus on climate-friendly goods and technologies," Chapters, in: Geert Van Calster & Denise Prévost (ed.), Research Handbook on Environment, Health and the WTO, chapter 19, pages 673-699, Edward Elgar Publishing.
    11. Jean-Frédéric Morin & Clara Brandi & Jakob Schwab, 2024. "Environmental agreements as clubs: Evidence from a new dataset of trade provisions," The Review of International Organizations, Springer, vol. 19(1), pages 33-62, January.
    12. Niklas Vahlne & Erik O. Ahlgren, 2014. "Energy Efficiency at the Base of the Pyramid: A System-Based Market Model for Improved Cooking Stove Adoption," Sustainability, MDPI, vol. 6(12), pages 1-21, November.
    13. Joseph Earsom, 2024. "Fit for purpose? Just Energy Transition Partnerships and accountability in international climate governance," Global Policy, London School of Economics and Political Science, vol. 15(1), pages 135-141, February.
    14. Kai A. Konrad & Marcel Thum, 2018. "Does a Clean Development Mechanism Facilitate International Environmental Agreements?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 69(4), pages 837-851, April.
    15. Ovando, Paola & Castellazzi, Marie & Baggio-Compagnucci, Andrea & Hewitt, Richard J. & Gimona, Alessandro, 2025. "Feasibility of woodland expansion for carbon offsetting in Scotland revisited," Forest Policy and Economics, Elsevier, vol. 174(C).
    16. Ben Groom & Frank Venmans, 2025. "The Social Value of Temporary Carbon Removals and Delayed Emissions," Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 6(1), pages 169-212.
    17. Zhang, ZhongXiang, 2009. "Multilateral trade measures in a post-2012 climate change regime? What can be taken from the Montreal Protocol and the WTO?," Energy Policy, Elsevier, vol. 37(12), pages 5105-5112, December.
    18. Purdon, Mark, 2015. "Opening the Black Box of Carbon Finance “Additionality”: The Political Economy of Carbon Finance Effectiveness across Tanzania, Uganda, and Moldova," World Development, Elsevier, vol. 74(C), pages 462-478.
    19. Matthew A. Cole & David J. Maddison & Liyun Zhang, 2020. "Testing the emission reduction claims of CDM projects using the Benford’s Law," Climatic Change, Springer, vol. 160(3), pages 407-426, June.
    20. Barbier, Edward B., 2025. "Greening agriculture for rural development," World Development, Elsevier, vol. 191(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:rrorus:v:13:y:2023:i:4:d:10.1134_s2079970523701009. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.