Monday, 28 Nov 2022

Russian oligarchs and companies under sanctions are among lobbyists at Cop27

Russian oligarchs and companies under sanctions are among lobbyists at Cop27


Russian oligarchs and companies under sanctions are among lobbyists at Cop27

Russian oligarchs and executives from multiple companies under international sanctions are among the lobbyists currently attending Cop27 in Sharm el-Sheikh.

The Gas giant Gazprom has sent six delegates to the talks, alongside the managing director of Sberbank. Both are under US and EU sanctions. Representatives from the oil company Lukoil, the mining company Severstal, and Magnitogorsk Iron and Steel Works are also in attendance, all of which are under US sanctions.

The Oil and gas company Tatneft, currently sanctioned by the EU, sent three lobbyists to the climate talks, according to data compiled by the organisations Corporate Accountability, Global Witness and Corporate Europe Observatory. The Russian delegation includes the metallurgical companies Severstal and NLMK Group, part of an industry that has faced sanctions by the EU.

The presence of industry lobbyists and oil and gas industry executives, including six representatives from the Russian Union of Industrialists and Entrepreneurs, a lobby group, suggests Russia is using the crucial climate talks to drum up business.

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