Invest in Russia — invest in Russian regions!
All analytics

Sustainable Energy Solutions and Clean Technologies in Eastern Europe, Caucasus and Central Asia

Research
7 November 2019

Ecological Footprint


According to estimates made by the Intergovernmental Panel on Climate Change (IPCC) in 2014, under a business-as-usual scenario, greenhouse gas emissions from industry will increase between 50 and 150% by 2050. The authors of this report expect that projected emissions from the burning of fossil fuels in Eastern Europe, Caucasus and Central Asia will increase further. In addition, the region’s ecological footprint points in a direction where current patterns of industrial production and consumption will not be compatible with the growing scarcity of natural resources. This has significant implications for the future trajectory of the industrial sector, highlighting the need to transform the current system based on a linear industrial development path towards sustainable energy solutions and clean technologies.

Environmentally Sound Technologies


Based on the proceedings of the First Regional Conference on Sustainable Industrial Development, the findings of this report suggest that policy-makers have to address prevailing barriers, including issues of limited access to finance, review existing procedures and address limited institutional capacities. Creating a level playing field for new technologies eventually helps to build new markets and increases the resilience of local businesses, while creating additional value along the whole value chain. The pursuit of strategies centred on the circular economy boosts employment and provides income-generation opportunities for the local population. Importantly, increased efficiency in energy and resource use and the sustainable management of key resources have proven to generate substantial energy and cost savings on the operational level of enterprises, resulting in a significant reduction of emissions.

Sustainable Energy Solutions


Mainstreaming applicable solutions will require a long-term political commitment to ensuring appropriate policy development, including regulatory frameworks governing products, waste, water, energy, capacity building, economic incentives and the development of appropriate technologies. Technical capacity can be enhanced by providing targeted seminars and trainings. This includes supporting demonstration installations, exhibitions, trade fairs, matchmaking events and education with a focus on vocational and higher education. The United Nations (UN) is well-positioned to provide a platform for interaction and dialogue on the identification, selection, and implementation, as well as the monitoring and evaluation of suitable solutions.

The Development of Sustainable Energy Solutions


The report provides an outline of current approaches towards sustainable development, highlighting the role of sustainable energy solutions and environmentally sound technologies in industry. Chapter 3 gives an overview of selected case studies from the region, covering different stages, from the identification, selection and implementation to the monitoring and evaluation of suitable solutions. This includes successful examples of interventions in the development of clean technology innovations; the identification of financing mechanisms; the adoption of renewable energy and energy efficiency in small and medium-sized enterprises (SMEs) and large industries; implementing resource efficient and cleaner production; and the sustainable management of chemicals. The chapter also includes a general outline of the concept on Eco-industrial Parks and, finally, monitoring and evaluation. A strong focus is placed on the implementation of applicable solutions on the ground, emphasizing practical approaches to technical cooperation and capacity building, which will help to make industries more resilient and fit for the future on a changing planet.

Anlytics on the topic

All analytics
Articles
31 October 2019
Current Perspectives for the Formation of International Energy Markets

The current perspectives for the formation of international energy markets are mainly due to the policy of decarbonization of world energy and the growth of energy consumption. Each country forms its energy policy based on its own fuel and energy potential and the situation on international energy markets. The global oil market is currently largely dependent on global processes with a high degree of ‘uncertainty" associated with the use of protectionist and political methods of struggle in the global world economy. «Trade wars», and sanctions increase the uncertainty of the market for the «global» energy resource — oil. The global market for «alternative» energy and technology in this area is much more defined and predictable. The introduction of «platform» economy methods in the energy sector, in combination with the macroregional form of organization of energy markets, will reduce uncertainty factors by avoiding protectionist methods, including sanctions methods, leaving them behind the «perimeter» of macroregional borders.

Research
5 February 2018
Geology of the Future

ROSGEO presents a draft roadmap for the development of geology up to 2050. Leading experts in the geological branch, scientists, representatives of related industries and minerals developers have worked out this draft for several months. The work was conducted at various expert sites during the foresight sessions.


Research
30 December 2019
GREEN FINANCE: THE AGENDA FOR RUSSIA. Diagnostic Overview

This Diagnostic Overview was prepared by the members of the working group on responsible financing under the Expert Council on the long-term investment market under the Central Bank of the Russian Federation. The Diagnostic Overview contains an analysis of green trends in the global economy, prerequisites for the creation of a green finance market in Russia, and the institutional and legal basis for its formation and development.

Articles
6 September 2018
12 technologies of the future

The university as a regional economic powerhouse.