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, helps foster social entrepreneurship and charitable initiatives, and supports the development of the Friends for Leadership international youth movement, which is working to implement the UN Sustainable Development Goals.

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 163 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 76 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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Hydrocarbon energy: a vestige of the past or the basis for development?
2 June 2017

More economies making environmental and energy security priority considerations in their energy policies have set in motion a trend towards reducing dependence on hydrocarbons. Russia enjoys immense hydrocarbon reserves, which are accessible, competitively priced, and for which there is broad demand. How — and most importantly how quickly — will global decarbonization policies progress and what technology and trends will speed up this process? Should we expect a ‘demand peak’ for oil? What can be done today to ensure maximum appraisal of hydrocarbon reserves and would it be practical to speed up their monetization? How can we use the successful experience of countries that have diversified their economies by making broader use of natural resources? Considering macroeconomic trends in the oil and gas sector, can market equilibrium be achieved through cooperation between major oil exporters, even if in the short term?

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