Emissions Trading Systems: Trajectories for Development

... Sakhalin approved a roadmap aiming the island’s carbon neutrality by 2025. This pilot project envisages development of carbon trading system. In the event of success, Sakhalin ETS may be scaled out to the rest of the country via creating a national ETS framework. For Russia the introduction of the national ETS system is particularly important given the need to devise its own system of verifiable carbon footprints for corporates that would be recognized abroad. This in turn would allow Russia’s companies to pay their ...