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Hundres of thousands of old barrels with waste-oil on Franz Josef Land

Russia has put 10 million Euros into a project aiming at cleaning the Arctic. Environmental issues are high on the Russian Arctic agenda.

“We want the Arctic to be clean,” says Yuri Trutnev, the Minister of Natural Resources and Environment in Russia.

The Arctic Council has priority project regarding the Arctic environment and the 10 million Euros go into that pot, especially projects which concern pollution prevention.

NEFCO (Nordic Environment Finance Corporation) will manage the funds and Magnus Rystedt, the Managing Director, was very pleased with Russia’s contribution.

“We are extremely delighted with the fact that the Russian government is taking an active role in supporting environmental protection in the Arctic region. The financial boost provided under this agreement will enable us to finance a wide range of environmental projects in the Russian
Arctic within the near future,” Rystedt said.
Source: BarentsObserver