Russia cooperating with EAEU, BRICS peers on green energy, says deputy minister

TASS Russian News Agency | Jun 16, 2022 at 6:15 PM

ST. PETERSBURG, June 16. /TASS/. Russia is cooperating with its partners in the Eurasian Economic Union (EAEU) and BRICS nations (Brazil, Russia, India, China, South Africa) in the green energy area, Deputy Foreign Minister Alexander Pankin said at the St. Petersburg International Economic Forum (SPIEF) on Thursday.

"As far as international cooperation is concerned, the climate agenda is relevant in the EAEU. This is a strong integration, containing 180 mln people, five integrated economies, with observers and partners. It is developing in the same directions that are on the international agenda, from project cooperation, own energy to various areas of services, banking, insurance, investment with the prefix ‘green'," he said, adding that BRICS states are actively discussing this topic, and "a platform allowing both the research and project work in the future on renewable energy and hydrogen energy is being created."

The cooperation in green energy is also successfully developing in the ASEAN and SCO, Pankin said, adding though that such cooperation has stopped with the EU and US despite the existing potential.

It is necessary to shift to green energy "gradually, consciously, economically efficiently and socially consciously," he noted.