The bill is a first step to create legislation that will allow to regulate CO2 emissions in Russia.

"Russia is willing to present a range of joint projects and consider potential benefits even for foreign companies that would like to invest in clean technologies, including in our country," Putin said.

"The world will need to generate many times more clean energy than we do today. To achieve this will require that we use every low-carbon technology at our disposal. Nuclear power must be one of those technologies."

The total number of nuclear plants in the USA has over the past two decades from 104 to 94, some 5.1 GW of nuclear capacity is anticipated to go offline this year,

"China has committed to move from carbon peak to carbon neutrality in a much shorter time span than what might take many developed countries, and that requires extraordinarily hard efforts from China,"

The United Kingdom already aims to reduce GHG emissions in 2030 by 68% (excluding IAS) compared to 1990 levels. In June 2019, the country pledged to reach net zero emission by 2050.

The country’s GHG emissions increased by 0.2% in 2019 to 730 MtCO2eq, i.e., 21.4% higher than 1990 levels.

"Global carbon emissions are set to jump by 1.5 billion tonnes this year -- driven by the resurgence of coal use in the power sector. This is a dire warning that the economic recovery from the COVID crisis is currently anything but sustainable for our climate," said Fatih Birol, the IEA's executive director.

China said in its 2021-2025 five-year plan published in March that it would continue to promote the “clean and efficient use of coal”.

The agreement aims to advance the global energy transformation towards a net zero energy future particularly in developing countries, in the context of achieving the Paris Agreement objectives and the UN Sustainable Development Goals.