Igor Makarov's Remarks at the TASS Press Conference Following the BRICS Summit in Rio de Janeiro, July 9, 2025

Igor Makarov spoke about the economic outcomes of the summit and highlighted climate finance as a central theme on this year’s BRICS agenda.
Igor Makarov's Remarks at the TASS Press Conference Following the BRICS Summit in Rio de Janeiro (in Russ.)
Presentation by Igor Makarov at the Plenary Session of the Forum “Powerful Ideas for a New Time”, 3 July 2025 (in Russ.)

Igor Makarov presented the idea of Russia’s Water Potential” to President Vladimir Putin. In his speech, Igor Makarov emphasised that water is an extremely valuable economic asset, and its value is increasing over time. Russia holds 20% of the world’s reserves of this strategic resource and, undoubtedly, has all the prerequisites to become the water superpower of the 21st century.

He also stressed that Russia must have its own strategy for harnessing the competitive advantages associated with its abundant water resources. More detailed information about the proposal is available via the following link.
Presentation by Igor Makarov at the Plenary Session of the Forum “Powerful Ideas for a New Time” (in Russ.)
Interview on the sidelines of the Cape Town Conversation conference for the Observer Research Foundation think tank, "How the World is Moving Towards a Renewable Future", 16 December 2024

Igor Makarov noted that the transition to green energy poses a significant challenge to the economic models of many countries, particularly those whose energy systems are based on carbon-intensive technologies. He emphasised that the pace of renewable energy adoption is determined by a range of factors, including natural-climatic and economic conditions. In addition, Igor Makarov spoke about the barriers faced by countries of the Global South in their transition to renewable energy.
How the World is Moving Towards a Renewable Future
Appearance on the programme “Drobyshevsky + Climate: Change is Inevitable — What Can Be Done?”, 16 September 2024 (in Russ.)

Igor Makarov spoke about the economic aspects of climate change and its impact on the development of countries.
Drobyshevsky + Climate: Change is Inevitable — What Can Be Done? (in Russ.)
Interview for the law firm Pepeliaev Group on the Economics of Climate Change, 21 April 2023 (in Russ.)

What risks does climate change pose for the world and for Russia? Why should Russia reduce emissions, and why is serious global decarbonisation impossible without a transformation of the entire system of international cooperation?
Global Warming: Are There Economic Risks from Rapid Climate Change? — Igor Makarov (in Russ.)
Round table: “Prospects for Russia’s Green Transition under Western Sanctions”, 6 December 2022 (in Russ.)

At present, there is no scenario for the development of the global economy in which hydrocarbons and highly carbon-intensive industries can be a driver of growth for Russia’s economy. They can undoubtedly help it to survive, but not to develop. Recovery from the current crisis, whenever it may occur, will only be possible on the basis of new competitive advantages, which must begin to be developed now.
Round table: “Prospects for Russia’s Green Transition under Western Sanctions” (in Russ.)
Expert and Academic Seminar: Outcomes of COP27 — New Challenges and Opportunities for the Mining and Metallurgical Industry, 23 November 2022 (in Russ.)

Together with representatives from Norilsk Nickel, Severstal, Rosatom, Udokan Copper, and attentive expert observers, a discussion was held on the events of the COP27 summit and their implications for Russia.
Expert and Academic Seminar: Outcomes of COP27 — New Challenges and Opportunities for the Mining and Metallurgical Industry (in Russ.)
Global Energy Transition: Boundaries of Uncertainty and Possible Scenarios after 2022, 14 November 2022 (in Russ.)

On the new uncertainties surrounding the energy transition that emerged in 2022 and the green development scenarios for the world devised at the HSE University.
Global Energy Transition: Boundaries of Uncertainty and Possible Scenarios after 2022 (in Russ.)
Transition to a Low-Carbon Economy: Costs and Risks for the Financial Sector, 5 July 2022 (in Russ.)

Presentation on “The Impact of Global Decarbonisation on the Russian Economy: Insights from CGE Modelling”, delivered at a joint seminar of the Central Bank of Russia and the New Economic School.
Transition to a Low-Carbon Economy: Costs and Risks for the Financial Sector (in Russ.)
Commentary on the implications of the European Green Deal for Russia // Mezhdunarodnoe obozrenie, Rossiya 24, 23 July 2021 (in Russ.)
“European carbon border adjustment mechanism: consequences for Russia's economy” // Research Seminar at School of World Economy, HSE University, 27 January 2021

Within the seminar, the following topics had been discussed:
1. What would be the design of CBAM? Which industries would face the biggest losses from it and when?
2. Is CBAM an efficient climate policy instrument or rather the means of “carbon” protectionism?
3. Are there risks of new trade wars as a result of CBAM implementation?
4. How the Russian exporters could reduce their potential losses from CBAM implementation or benefit from new opportunities?
“European carbon border adjustment mechanism: consequences for Russia's economy”
Opportunities and Challenges of Decarbonising the Russian Domestic Market // Russia–Europe Climate Conference, 1 December 2020 (in Russ.)

Unlike the EU, Russia perceives the idea of cross-border carbon regulation as protectionism rather than a global solution to the climate agenda, a carbon tax as money being taken from the economy rather than redirected to green sectors, and the green agenda not as an opportunity but primarily as a threat — especially to Russian exports. Constructive dialogue requires both sides to shift their approaches and find compromises on climate issues.
Opportunities and Challenges of Decarbonising the Russian Domestic Market
Ecology of Production // PostNauka, 18 September 2020 (in russ.)

PostNauka researcher Adel Tsebenko and producer Pavel Boev join Igor Makarov to explore how industrial enterprises impact urban environments.
Ecology of Production (in Russ.)
100% Clean: Life After Oil // Tsel' nomer sem’ [Цель номер семь], 19 August 2020 (in Russ.)

“Life After Oil” — a Zoom project by the “Goal Number Seven” association, Russian environmental NGO Ecodefense! [Экозащита!] and the Heinrich Böll Foundation in Russia. The tenth episode focuses on modelling energy transition processes.
100% Clean: Life After Oil (in Russ.)
Overpopulation – A Myth? | How Many People Can the Earth Support? // Plyus Odin [Плюс Один], 26 June 2020 (in Russ.)

Are there too many people on Earth? Or too few? And how are environmental disasters connected to this? An exploration of how global demography affects the planet’s sustainability.
Overpopulation – A Myth? | How Many People Can the Earth Support? (in Russ.)
Prospects for Energy Markets and Their Impact on Russian State Policy // PolitIQ on Political Science, 15 June 2020 (in Russ.)

The collapse in oil and gas prices has brought the issue of “life after oil” from a distant future into a stark present. On 15 June 2020, an expert online discussion was held on the outlook for energy markets and their implications for Russian state policy.
Prospects for Energy Markets and Their Impact on Russian State Policy (in Russ.)
Principles and Priorities for the Development of the Russian Far East in General and Amur Region in Particular // Echo of Moscow Blagoveshchensk [Эхо Москвы Благовещенск] (with A.B. Likhacheva), 6 May 2019 (in Russ.)
Lecture: “Why Do Countries Trade with Each Other?”, MIREC Junior School, HSE University, 13 November 2018 (in Russ.)
Lecture: “What Is the World Economy?”, MIREC Junior School, HSE University, 16 October 2018 (in Russ.)
Will the Far East Become Closer? // Krasnaya Liniya TV Channel, programme Tochka Zreniya [Точка зрения], 6 September 2017 (in Russ.)
Presentation of the Undergraduate Programme “World Economy”, Faculty of World Economy and International Affairs, HSE University, 29 June 2017 (in Russ.)
Presentation of the Undergraduate Programme “World Economy”
Lecture: “International Trade” // PostNauka, 10 May 2017 (in Russ.)

Economist Igor Makarov discusses the theory of absolute advantage, the causes of economic growth slowdown, and the role of developing countries.
Lecture: “International Trade” (in Russ.)
Lecture: “Carbon Regulation Instruments” // PostNauka, 18 April 2017 (in Russ.)

Economist Igor Makarov on the Paris Agreement, the tools to influence business behaviour, and the differences between quota trading and carbon taxation.
Lecture: “Carbon Regulation Instruments” (in Russ.)
Lecture: “International Climate Regulation” // PostNauka, 9 March 2017 (in russ.)

Economist Igor Makarov on climate change, the Kyoto Protocol, and the Westphalian system of international relations.
Lecture: “International Climate Regulation” (in Russ.)
Lecture: “Investment in Green Technologies” // PostNauka, 20 February 2017 (in Russ.)

Economist Igor Makarov on resource-saving technologies, divestment from polluting sectors, and economic tools for pollution regulation.
Lecture: “Investment in Green Technologies” (in Russ.)
Lecture: “The Price of Nature: How Markets Can Help Solve Environmental Problems”, as part of the public education project University Open to the City: HSE in Gorky Park

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