Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Actors / Bank · Russia

VTB

Appears in 1 case in this database. Roles as given in the documented record.

CaseRoleCountryPeriodInstrument
Russian Joint Implementation credits under the Kyoto Protocol, 2009–2012Bank that lobbied against Sberbank's operator statusRussia2009–2015Carbon credits
Appears alongside
SberbankMinistry of Economic Development of the Russian FederationTNK-BPStockholm Environment Institute (SEI)VitolBureau Veritas CertificationEuropean CommissionUN Framework Convention on Climate ChangeGovernment of Russia
Terms used on this page

Carbon and conservation finance

Carbon credit
A certificate representing one tonne of carbon dioxide (or equivalent) that a project says it reduced, avoided or removed. Buyers use credits to balance their own emissions in climate claims.