Presidential envoy for UN SDG shares economic outlook for Russia in 30 years

The Russian economy will transform profoundly over the next three decades, the change driven by the energy transition, said Anatoly Chubais, Special Presidential Representative for Relations with International Organizations to Achieve Sustainable Development Goals.

Vladimir Trefilov / RIAN
Vladimir Trefilov / RIAN

Just like the current generation of Russians has witnessed the information revolution, which dramatically changed their lifestyles and economics, new processes are about to begin now, related to energy, RIA Novosti quoted Anatoly Chubais as saying.

According to the expert, these changes will affect transport, industry as well as other sectors. They will change every person’s life and transform business.

Russia is very vulnerable to such changes, Chubais added, as energy accounts for 20% of the country’s GDP. At the same time, the energy transition can lead to the emergence of 5 to 10 new industries in Russia, the expert concluded.

As Invest Foresight previously reported, Chubais admitted that “all the bad things” have happened in Russia because of him. He has indeed contributed to what the country is like today. According to Chubais, this means he should be credited for all the good things as well.

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