VEB.RF is developing the architecture of the green finance market in Russia: the aim is to achieve the targets of the Paris Agreement and SDGs, and to attract private funds into Russian and regional environmental projects. Guidelines and taxonomy materials will be elaborated and legally issued by a Federal Decree, allowing the launch of a process of issuing green bonds certified by Russian verifiers and to allocate more funds in green projects in Russia. Many stakeholders are involved in the project: VEB.RF, international organizations and associations, the Russian government, academia, parliamentary bodies, trade Unions and civil society.
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