Putin says Russia aiming for carbon neutrality by 2060

Moscow, Oct 13 (AFP/APP):President Vladimir Putin said Wednesday that Russia — one of the world’s biggest producers of oil and gas — is aiming for carbon neutrality by 2060.

“Russia in practice will strive for carbon neutrality of its economy,” he said at an energy forum in Moscow.

“And we set a benchmark for this — no later than 2060.”

Speaking about the world’s future energy market, Putin added: “The role of oil and coal will decrease.”

The carbon neutrality pledge follows an earlier ambitious step in June, when Putin ordered his government to develop a plan to cut carbon emissions to below the level of the European Union by 2050.

“The planet needs informed, responsible actions by all market participants — both producers and consumers — focused on the long-term, in the interests of the sustainable development of all our countries,” Putin said Wednesday.

“Russia is ready for such constructive and close cooperation,” he added.