Anastasia Basova spoke about carbon regulation in India
On December 14, the Center’s expert Anastasia Basova took part in the round table “The Experience of Carbon Regulation in Foreign Jurisdictions”, organized by the International Chamber of Commerce — World Business Organization (ICC Russia) at the EPAM with the support of UC RUSAL.
The agenda included the issues of sustainable development regulation in APEC economies, formation and development of carbon markets in such jurisdiction as India, China, and EAEU.
Anastasia presented a detailed review of India’s carbon regulation based on the “Climate Brief” of this country prepared by the Center. She spoke about its current status and prospects for development, and about Russian-Indian cooperation.
It was noted that the most active countries in implementing ESG principles, in particular, in creating a legislative framework for ESG-ratings, formation of green instruments on exchanges, as well as compliance with non-financial reporting are Qatar, UAE, Saudi Arabia, and Malaysia.
Following the results of the COP28, the participants discussed the formation of carbon markets. It was noted that China has relaunched the CCER market, India is planning to make a regulatory framework for a national emissions trading system (ETS) by 2026, Turkey will adopt a law on ETS as part of the 2024-2026 medium-term plan, however, the timeframe for implementation of the system is not specified.
Participants also mentioned correlations between digitalization and the sustainable development, in particular the use of artificial intelligence in combating climate change. And the leader in this area, from all accounts, is China.
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Education: — Financial University under the Government of the Russian Federation, Faculty of International Economic Relations, Department of World Economy and International Business (postgraduate); — Moscow State Law University (2020-2021); — Universite Grenoble Alpes, Management of organizations within the framework of international cooperation (2019-2020); — Financial University under the Government of the Russian Federation, International Financial Market: Strategies and Technologies (Master’s degree. 2018-2020); — Financial University under the Government of the Russian Federation, Monetary and credit relations (bachelor’s degree. 2014-2018); — Beijing Central University of Finance and Economics (2016-2017). Since 2018 till 2020 she worked as a chief economist in the Department of Strategic Development of the Financial Market in the Bank of Russia. Since 2020 till 2022 she was a chief expert in the Financial Technology Department in the Bank of Russia. Since April 2022 to present — Senior expert analyst for Financial Market Development and International Projects at the International and Comparative Law Research Center. Anastasia coordinates the analysis and preparation of projects in the direction of financial market development, including import substitution in Russia, digital transformation, development of climate regulation and implementation of ESG principles. She participates in events on the topics of the Center's work.