Moscow, September 8, 2003. (RIA Novosti) - By ratifying
the Kyoto Protocol, encouraging green house gas emission reduction, Russia
will manage to attract considerable investments in its economy, Viktor
Danilov-Danilyan, Director of the Institute of Water Problems of the Russian
Academy of Sciences and Corresponding Member of the Academy, said at conference
at RIA Novosti on Monday.
As well as restrictions, there are separate programmes to implement
jointly, he elaborated. Investors allocate funds to modernise and re-equip
enterprises and make a profit from the amount saved from the gas emission
reductions.
Investment projects of this kind are being discussed with Denmark and
Holland, the scientist pointed out. "But not a single country will
consent to such a project with Russia unless we ratify the Kyoto Protocol,"
the expert stressed.
Danilov-Danilyan described an opinion that restrictions on green house
gas emissions might hinder the development of the Russian economy as absolutely
wrong, noting that the quotas imposed were 30% higher than the amounts
Russia emitted.
"We must keep stay the rate of 1990, when the country's level of
production was high, the expert specified. "Now we cannot achieve
such a capacity, with our outdated equipment. But when innovations are
introduced, green house gas emissions will decrease significantly,"
the expert believes.
See also:
YABLOKO determines
the directions of Russia's environmental policy and calls on the State
Duma to ratify the Kyoto Protocol. Press Release. June 5, 2003.
YABLOKO for the Environmental
Safety of Russia
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