THE IMPACT OF THE EU GREEN DEAL ON FOREIGN INVESTMENT IN THE FUEL AND ENERGY SECTOR OF RUSSIA
The purpose of this study is to analyze the impact of the green deal on foreign investment in the fuel and energy sector of Russia. The relevance of the research topic is determined by the fact that at the present stage, the fight against climate change is one of the most important issues on the modern international agenda. Leadership in this area seeks to win the European Union, where, according to the "Green Deal" (The European Green Deal), it is planned to build a climate-neutral economy by 2050. In this regard, the question arises as to how this transaction may affect the development of the fuel and energy complex of Russia, what risks it may create. However, it is impossible not to take into account the fact that, at the same time, Russia can benefit from the "Green Deal". By 2030, a significant reduction in emissions will require a rapid abandonment of the use of coal, which will lead to an increase in demand for natural gas, which is regarded as a "transitional" fuel to a low-carbon economy. This will increase its exports in the short and medium term. The main potentially positive result for Russia may be the technological restructuring of the economy and export diversification. First of all, we are talking about the transformation of energy in the direction of the development of renewable energy sources (RES), the cost of which is constantly decreasing, as well as new types of energy, such as hydrogen, which can at least partially replace fossil fuels and be supplied to foreign markets. Cooperation in the environmental sphere can be mutually beneficial and become one of the main areas for discussion and implementation by the parties. To realize this potential, a dialogue is needed that uses an open and balanced approach to assessing the areas of interaction and convergence of positions. As a first step, it is possible to develop a roadmap detailing each stage of cooperation and obligations of the parties, as well as identifying market segments for the development of projects.