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Russia and China Seek Closer Alignment on Carbon Regulations, Says Russian Minister

Antalya:Russia and China are working toward closer alignment of their carbon regulation systems, including emissions trading mechanisms and approaches to measuring the carbon footprint of products. Speaking at the UN climate conference COP31 in Antalya, Russian Economic Development Minister Maxim Reshetnikov highlighted the cooperation between Moscow and Beijing on climate-related regulations and their plans for bilateral discussions during the summit.

According to Anadolu Agency – English, Reshetnikov stated, "We are working very closely with the Chinese side. We will meet here and discuss this difficult issue bilaterally." He mentioned the ongoing efforts to align the emissions trading systems and harmonize the concept of the carbon footprint of products between the two countries, aiming for closely aligned regulatory systems.

The minister acknowledged that achieving such alignment is a long-term objective and noted that the process is still at an early stage. He expressed that the goal is to establish very similar regulatory systems that would benefit the economies of both countries, even if they do not adopt identical frameworks. Additionally, Reshetnikov criticized the EU's Carbon Border Adjustment Mechanism (CBAM), describing it as a protectionist measure intended to shield European industries from international competition under the guise of climate policy.

Reshetnikov confirmed Russia's WTO challenge against the EU's CBAM, arguing that it discriminates against suppliers and is inconsistent with WTO rules. He also addressed the impact of Western sanctions on Russia’s climate efforts, noting that these have slowed progress but emphasized ongoing domestic initiatives and cooperation with BRICS countries. The minister further outlined Russia's priorities at COP31, advocating for a fair and pragmatic energy transition and highlighting the importance of affordable energy for developing countries.

Lastly, Reshetnikov praised Trkiye's organization of COP31 and its practical approach under President Recep Tayyip Erdogan, emphasizing the need for concrete action in international climate negotiations.