Russia can offer to create a climate fund for future generations

Russia may initiate from 2020 to translate the accumulated emission reductions under the Kyoto Protocol in a special "fund for future generations," said at a news conference, Presidential Advisor, Special Envoy on Climate Alexander Bedritsky.

The second period of the Kyoto Protocol, which entered into force in 2005, should begin on 1 January 2013. Russia, Ukraine and a number of Eastern European countries in the first commitment period in 2008-2012 greatly exceeded the combined emission targets, accumulating, so the unused reserve of national quotas AAU, the total amount of which is estimated at about 8 billion tonnes of CO2-equivalent. A number of countries in favor of a complete ban or limit the transfer of the so-called "hot air" in the second period.

Answering the question of whether Russia expects to transfer its accumulated units in the new agreement, which is to take effect after 2020, Bedritsky said that while talks on it at an early stage when discussing the shared vision of all nations.

"Clearly, the new agreement will be under the convention, and, of course, the principle (incentive obligations — Ed.) Must be maintained. If not, it is quite meaningless to talk about raising ambitions to reduce" gap "(between the necessary and the existing level of commitments ) ", — stressed Bedritsky.

"Maybe we will make a proposal in which the matter will be considered, to create a fund for future generations of assigned amount units" — said presidential adviser.

Head of Multilateral Cooperation in Environment Department of International Organizations Ministry of Foreign Affairs of the Russian Federation Oleg Shamanov told reporters that the issue of the accumulated amount units is the subject of all the parties to the protocol.

"It (the fate of units after 2020) will be the subject of future discussion, and that this could be a general discussion, now we need to follow the rules of the protocol," — said the Shamans.

Bedritsky said that for Russia "carried forward amount units is essential for compliance with the legal principles of the Kyoto Protocol." According to him, the incentive mechanisms country exceeded its liabilities and sanctions to "catch-up" should be involved when we have official results of the first period of the Kyoto Protocol.

"I do not understand why this conversation (on the accumulated units — Ed.) All the time there, because no official results (first period) has not let down," — said Bedritsky.

Earlier, WWF, Greenpeace and other environmental organizations have launched Twitter campaign, calling on Russia, Ukraine and Poland not save the so-called "hot air" — quotas for emissions reduction, accumulated during the recession in the 1990s.

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