Russia will work to promote a fair carbon trading system through the BRICS and Shanghai Cooperation Organization (SCO) platforms, the Russian President’s special envoy for relations with international organizations, Boris Titov, said during a business visit to Azerbaijan.
“The main task of the climate agenda is to establish a global market for trading carbon units. The global carbon market is a tool that can solve many problems associated with achieving carbon neutrality. The West has formed certain standards in this regard, but in the interests of a truly fair global exchange we need to come to standards that would cover a larger number of countries,” Titov said as quoted in a press release available to TASS.
The special envoy stressed that this topic needs to be “promoted more intensively within the framework of BRICS and the SCO.”
He proposed “forming a council for sustainable development within these organizations, especially since 2025 has just been declared by the SCO as the year of sustainable development.”
