Environmental Finance and Socially

Despite a period of economic turmoil in the 1990s, Russia recovered sufficiently well to post impressive growth figures in the years leading up to the recent financial crisis. This examination of the legal and social environment in which business is operating in Russia, and the manner in which corporate responsible investment is gaining ground, focuses on environmental and social aspects of investment and explores the legal and policy perspective. The Russian and non-Russian authors discuss the law, its application in practice and developments relating to the implementation of the Kyoto Protocol, pollution abatement, environmental management systems, CSR and philanthropy.

Wybe Th. Douma, is a senior researcher in European Law and International Trade Law at the T.M.C. Asser Instituut. He worked in Russia on several projects, notably as senior legal expert for the first TACIS "Harmonisation of environmental standards" project.
Fiona M. Mucklow is a research associate at the T.M.C. Asser Instituut and an English solicitor with extensive expertise in finance law and international environmental law in Russia.

Foreword	p. V
Acknowledgements	p. VII
List of Abbreviations	p. XI
Environmental finance and socially responsible business in Russia - An Introduction	p. 1
Overview and First Comments
The Russian economy in perspective	p. 19
Environmentally and socially responsible business in Russia: why bother?	p. 29
The importance of socially responsible investing to promote sustainable investments in Russia	p. 35
Legal and Policy Perspectives
Russian environmental law - An overview for businesses	p. 45
Russian NGOs and public participation - Legal and practical perspectives	p. 69
Harmonisation of Russian law environmental standards with EU legislation	p. 85
Mechanisms to promote green business in Russia	p. 101
Environmental policy and the international competitiveness of the Russian economy	p. 121
Environmental education and capacity building in Russia	p. 133
Green public procurement: Using European experiences in Russia	p. 145
Can Russia become a 'Green Investor' in Southern Africa?	p. 157
The EBRD and Russia: Stimulating European Principles for the Environment	p. 169
Practical Trends and Synergies
Business, NGOs and environmental projects
Involving Russian business in Kyoto	p. 189
The changing context for investment in green projects in Russia	p. 203
Russian National Pollution Abatement Facility: Practice and results	p. 213
Environmental management systems in Russia: The delayed wave	p. 225
Renewable energy opportunities on the Kola Peninsula	p. 235
Investments in Murmansk Oblast and Pomor Region - Some reflections	p. 249
CSR & philanthropy
Developing corporate social responsibility in Russia: The role of the United Nations Development Programme	p. 267
Russia: Corporate social responsibility in a post-socialist state	p. 283
Socially responsible business: Helping children in Russia	p. 289
List of Contributors	p. 297
Bibliography	p. 313
Useful websites	p. 323
The Equator Principles	p. 329
UN Global Compact Principles	p. 337
Russian Code of Corporate Behaviour	p. 339
European Principles for the Environment	p. 343
Detailed Table of Contents	p. 345
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Environmental Finance and Socially Responsible Business in Russia: Legal and Practical Trends

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