OREANDA-NEWS. November 16, 2007. RAO UES Management Board Member and Chairman of the Management Board of OAO "HydroWGC" Vyacheslav Sinyugin took part in the meeting of the working group of the global initiative "3C: Combat Climate Change"*, which discussed the "3C Initiative Roadmap", a plan to combat global warming.

The 3C Initiative was launched on 11 January 2007. It seeks to provide support to the initiatives to combat climate changes from businesses and to create a regulatory framework and mechanisms for the post-Kyoto era. Next year, RAO "UES of Russia" plans to launch its 3C Initiative Programme in Russia and involve Russian political and business community in its implementation. This will enhance efficiency of the joint efforts being undertaken to resolve the global environmental problems.

Nature conservation is one of the Company's priorities. RAO UES was the among the first companies to start projects under the Kyoto mechanisms. In 2005, two subsidiaries of RAO "UES of Russia"—OAO "Orenburgenergo" and OAO "Khabarovskenergo"—signed agreements with the Danish Environmental Protection Agency (DEPA) on the sale of "emissions reductions units" (ERUs) generated by the modernization projects at two of their power plants.