A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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The Future of Traditional Energy: Is the World Ready to Eschew Hydrocarbons? (Part 2)
14 October 2021
12:15—13:30

Climate change has become a major challenge for the entire global community, and many experts believe that the answer lies in a global transition to carbon neutral energy. To ensure that this transition can be achieved by the middle of the century, the International Energy Agency (IEA) presented its Net Zero by 2050 roadmap in May 2021. An end to the financing of exploration and development projects at new oil and gas deposits was named among the steps needed to achieve this goal. IEA experts predict that the demand for oil will never return to the peak of 2019 and will steadily decline over the next three decades and, although the demand for gas will grow until the mid-2020s, it will then also begin to decline, reaching 45% of today’s levels by 2055. The panel session will see participants discuss whether oil, gas and coal are really losing ground in the global energy mix, whether infrastructure will have time to redirect to new energy sources, how long the hydrocarbons from deposits that are already being developed will last, and whether an ‘energy transition’ that uses fossil fuels is possible.

Date
14.10.2021
Forum
Russian Energy Week
Started at
12:15—13:30
Conference hall
Manege, –2nd floor, conference hall A
Analytics on the topic