OREANDA-NEWS. Chairman of the Management Board of RAO "UES of Russia" Anatoly Chubais and President and CEO of Finland's Fortum Oyj Mikael Lilius have signed a Memorandum of Understanding on the implementation of the Kyoto Protocol mechanisms in Russia.

The signing ceremony was held during the 8th General Meeting of the EU-Russian Industrialists' Round Table being held in Helsinki today.

The MoU confirms the Companies' intentions to join efforts within the framework of the Kyoto Protocol in order to develop and implement projects at RAO UES entities.

Such cooperation will also help find additional sources of funding for the RAO UES investment programme.