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Russia: Government Adopts Its First Ever Greenhouse Gas Law

The law sets out the basic principles of Russia's national climate projects and carbon offsets trading.
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As governments and industry take more and more aggressive steps to regulate greenhouse gas emissions and reduce their carbon footprints under the Paris Agreement and other global regulatory regimes and voluntary frameworks, Baker McKenzie's market leading climate change team continues to assist our clients in balancing the risks and opportunities climate change presents to their businesses. Our experts provide comprehensive climate change advice to our clients, working with governments on the development of carbon emission reduction legal regimes, counseling industry on climate change strategy and the achievement of "net zero" carbon emissions commitments, and representing all stakeholders in climate change projects and carbon offset and other transactions.

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