Russian-African ecotechnoparks will become attractive for ESG investors
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Russian-African ecotechnoparks will become attractive for ESG investors

News  
06-14-2023
 
Vadim Petrov, co-chairman and state secretary of the Russian Chamber of Environment, chairman of the public council under the Federal Service for Hydrometeorology and Environmental Monitoring, noted that the African market is promising for Russian technology companies under the current sanctions restrictions. 

“What is extremely important is a pure humanitarian international environmental mission. It seems to me that an important direction in modern conditions would be the development of common Russian-African ESG principles for joint projects so that investment projects are aimed at solving environmental problems. Then it will be difficult not to take into account national ESG approaches," Petrov explained.

He also stressed that if today we focus our efforts on the creation of Russian-African ecotechnoparks, then, given the importance of solving environmental problems in Africa for the whole world, these projects will obviously become extremely attractive for ESG investors in the next five to ten years.
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