This insights report finds that Russia could benefit from a managed coal transition. So far, the Russian leadership does not plan an end to coal mining, expecting rising exports – even though more and more countries want to abandon coal.
Published as part of our research on the Russian coal sector, this report finds that a just coal transition in Russia should consist of three elements:
- Social programmes to subsidise and re-employ laid-off workers.
- Regional programmes to plan and support diversifying regional economies.
- Economic mechanisms to reflect the real costs of the coal sector, for example a domestic carbon price.
The Russian government could draw on domestic and international experiences to make the transition a success.