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Russia to cut greenhouse gas emissions to 75% of 1990 level by 2020 — Dvorkovich

About two-thirds of global greenhouse gas emissions are linked with energy production and consumption

MOSCOW, May 15. /ITAR-TASS/. Russia plans to cut the emission of greenhouse gases to 75% of the 1990s level by 2020, Russia's Deputy Prime Minister Arkady Dvorkovich said in Moscow on Thursday at the opening of the 14th ministerial meeting of the International Energy Forum (IEF).

The Russian deputy prime minister noted that in general about two-thirds of global greenhouse gas emissions are linked with energy production and consumption, and this problem concerns the global energy policy.

“Russia, for its part, plans to cut the volume of greenhouse gas emissions by 2020 to 75% of the 1990 emission volume,” Dvorkovich said, adding that “we will specify the further guidelines in a new energy strategy up to 2035.”

The deputy prime minister said “energy poverty” is another modern challenge in the sphere. According to him, Russia participates in the settlement of this problem, “over the past 10 years Russia granted more than $3 billion within the framework of the provision of official assistance to development.”

“In the struggle for energy security there will be no winners and no losers, ultimately - all will either win or lose,” Dvorkovich concluded.