UNEP impact on growth strategy of Russian mining companies

Authors

  • Veronika Sergeevna Savchenko Russian Foreign Trade Academy
  • Yulia Viktorovna Zvorykina Russian Foreign Trade Academy; Research Institute and expert assessments of VEB of the Russian Federation

DOI:

https://doi.org/10.24412.2072-8042-2020-00048

Keywords:

Paris agreement, UNEP, sustainable development, mining, metals, decreasing demand, coal, carbon emissions

Abstract

Paris agreement and the United Nation Environment Programme (UNEP) force mining companies to revise their strategy in more sustainable way and focus on decreasing carbon emissions. To compete in new global terms companies have to turn to more ecological production and in some cases adept to declining demand for their goods and as the result to decreasing profit and revising new projects. Right now, the spread of COVID-19 presents a good example of brave low carbon world, but for the most mining companies this turns into stress. How Russian companies prepare to the new reality is considered in the article.

Author Biographies

Veronika Sergeevna Savchenko, Russian Foreign Trade Academy

Place of work, post: Russian Foreign Trade Academy (6А Vorobiyovskoe shosse, 119285, Moscow), Postgraduate student

Yulia Viktorovna Zvorykina, Russian Foreign Trade Academy; Research Institute and expert assessments of VEB of the Russian Federation

Doctor of Economic Sciences
Place of work, post: Research Institute and expert assessments of VEB of the Russian Federation (Russia, Moscow, Mashi Poryvaeva Street, 7, p. A) - Director, Russian Foreign Trade Academy (6А Vorobiyovskoe shosse, 119285, Moscow), Professor

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Published

2024-02-07

How to Cite

Savchenko, V. S., & Zvorykina, Y. V. (2024). UNEP impact on growth strategy of Russian mining companies. Russian Foreign Economic Journal, (5), 48–52. https://doi.org/10.24412.2072-8042-2020-00048

Issue

No. 5 (2020)

Section

World economy