OREANDA-NEWS  Russia has reduced greenhouse gas emissions by more than half compared to 1990 levels, Prime Minister Mikhail Mishustin said at the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29).

"We plan to achieve carbon neutrality by 2060. We focus on improving energy efficiency, the development of electric transport, and the introduction of modern solutions in agriculture and forestry. In Russia, 85% of the energy balance is accounted for by "clean", low-emission generation. This is primarily gas, nuclear energy, from renewable sources," he said.

Mishustin also noted the development of Russia's own technologies and the expansion of production capacities for decarbonization of industries.

He paid special attention to the use of natural opportunities: "We have a fifth of the global forest resources. The volume of uptake exceeds one billion tons of carbon dioxide equivalent per year."

The Prime Minister called for joining efforts in the fight against climate change and identified four priority areas of cooperation. Among them are the coordination of a new collective goal on climate finance in the interests of developing countries, the inadmissibility of discrimination of technologies under the pretext of global warming, the creation of a unified system for assessing the quality of climate projects, as well as strengthening cooperation of scientific communities to make effective decisions on decarbonization and adaptation.