WWF COMMENTED THE RISE IN THE COST OF THE ECOLOGY NATIONAL PROJECT
Mikhail Babenko, director of the Green Economy program of WWF Russia commented the latest edition of the document.
According to the expert, the decision to include the new line of work is seen as quite logical since the Best Available Technologies (BAT) project was developed as a mechanism encouraging companies to invest in the reducing of the negative impact on the environment. Therefore, this is an entirely environmental project that until recently was detached from the Ecology national project.
Thus, the current form of the Ecology national project is more corresponding logically to the presidential decree "On National Purposes and Strategic Objectives of the Russian Federation Development until 2024" issued in May, with one of its tasks being "the use by all objects having a significant negative impact on the environment of an environmental regulation system based on the use of the best available technologies. "
"Although financial injections had been planned earlier to implement the law on BAT, in February 2018 the Ministry of Industry and Trade estimated the necessary investment at 8.7 trillion rubles, - says Mikhail Babenko. "An almost twofold decrease in the expected fund allocation is quite significant, and this issue, of course, should be scrutinized in more detail."
In addition, an important component of the BAT project is the allocation of budget funds to support investments, in particular, to compensate for the payment of the coupon yield on the bonds issued for the projects implementation.
"Apparently, 27 billion rubles from the federal budget correspond to the above-mentioned allocation. This amount of money makes up 0,5% of extrabudgetary funds, - Michail Babenko says. - On the one hand, it is insignificant, but on the other hand, it will be used to issue bonds, while such support can become an important element in the development of the "green" bond sector (bonds aimed to implement projects on reducing a negative environmental impact or climate risks), provided that such segment starts working in Russia. "
About the Ecology national project
The project includes national purposes and strategic objectives on Russia's environmental development until 2024. Previously, the project comprised ten components: Clean Country, Complex System of Solid Waste Management, Infrastructure to Manage Waste of Hazard Class I and II, Clean Air, Clean Water, Ecological Improvement of the Volga, Conservation of Lake Baikal, Conservation of Unique Water Objects, Conservation of Biological Diversity and Development of Ecological Tourism, and Conservation of Forests. In the new edition, the Introduction of the Best Available Technologies program was added.
According to plans, starting from 2019, the largest polluters from the top 300 list of the Ministry of Natural Resources will have to make a transition to BAT. Areas where the best available technologies should be applied may involve economic and (or) other activities that have a significant negative impact on the environment, as well as technological processes, equipment, technical methods used in economic and (or) other activities. The goals of BAT concerning the environmental protection are to ensure the lowest level of negative impact on the environment, and the economic effectiveness from BAT introduction and use; to apply resource- and energy-saving methods; to establish an introduction period; to make possible the industrial use of technology at two or more objects.
Photo: (с) Konstantin Kobyakov / WWF Russia.