Morgan Lewis Spark is a quarterly update highlighting new and amended Russian legislation of importance to companies operating in the Russian energy and mining sectors. We hope it provides you with a useful tool to navigate these developments. Over the course of 2021, Russia made signifcant strides developing its legislation in the areas of energy transition, sustainable development, and environmental protection. Notably, Russia adopted its frst-ever law on greenhouse gas emissions and the hydrogen development framework. It also established the foundation for the introduction of “green” finance and other support for sustainable development projects and initiatives, while continuing to develop its regulations incentivizing renewable power production. In addition to new energy and environmental developments, Russia also made signifcant changes in its conventional energy legislation, introducing major amendments into the Subsoil Law and continuing to develop regulations aimed at implementing such changes into the legislation.
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