Sber is proposing the creation of a BRICS-based platform to discuss climate policy among member nations. This idea emerged during a panel at COP 28, where Tatyana Zavyalova, Sber’s senior vice president for ESG, outlined the concept as part of the Russian pavilion’s program. The statement was shared by the bank’s press service, underscoring the organization’s intent to engage on climate matters at the highest international levels.
Looking ahead, Russia will hold the BRICS presidency next year, a moment seen as a strategic opening to launch collaborative projects. The anticipated leadership role is framed as an opportunity to advance joint initiatives on climate and sustainability across the BRICS bloc and beyond.
According to Zavyalova, the proposed platform would provide a space to address interstate climate management, support cross-border ventures, align carbon regulation approaches, and develop shared standards for the energy transition. The plan envisions a BRICS climate council, with the possibility of expanding into a BRICS+ structure to include other interested partners.
She added that Sber has already hosted multiple discussions with international representatives and the Russian expert community, and there is strong demand from all sides for a formal forum to exchange views on climate governance. The aim is to move from high-level dialogue to practical, joint actions that can accelerate decarbonization efforts across diverse economies.
As the conversation evolves, Zavyalova noted that Russia has built substantial infrastructure to support a rapid shift toward a low-carbon economy. The next critical step is to integrate this domestic framework with global climate objectives, creating synergies that can be replicated in North American markets and other regions. This alignment would help ensure that carbon reduction strategies are scalable and compatible with international standards.
Earlier updates from Sber highlighted the launch of a national climate monitoring system. This tool is designed to bolster Russia’s path to carbon neutrality by 2060, offering data-driven insights that can inform policy and industry action, while also serving as a reference point for international comparisons and collaboration.