Amendments in the environmental legislation should be accompanied by measures to encourage businesses to invest into modernization of their production facilities to bring them up to the world standards, Medvedev said at a meeting with Russian Minister of Natural Resources Yuri Trutnev.
“Currently, the essential global subject is ‘green growth’, which means economic growth through using state-of-the-art environment-friendly and energy-efficient technologies, including alternative power sources. This subject is topical for us as well. Amendments in the environmental legislation should be harmonized with the issue of energy efficiency,” Medvedev said.
According to the Russian president, measures should be taken to encourage businesses to invest funds in improving the general ecological situation, and companies should be interested in bringing their treatment facilities on a par with the best world standards.
“A mere stick will not suffice here. There should be a system of economic incentives, both advantages and sanctions. This is what we should proceed from,” he stressed.