"The meeting was very productive. Thanks to a wide variety of represented organizations, we managed to discuss key issues for solving the task. It turned out to be a great collective discussion of a multifactor problem. During the meeting, concrete steps were taken to create a working group that will directly develop a unified system of sustainable development indicators for the CIS regions," said Sergey Rafanov, Director of the Climate Security Fund.
"During the last meeting, we talked about our experience in compiling ESG-ratings and what pitfalls should be taken into account when developing ratings for territorial entities, for example, for territories of the second level of administrative division, as well as for the level of a sovereign state," explained Dmitry Karyakin, head of the Ecorating project of the Climate Security Fund.
"The main problems include providing real statistical data on territorial entities. In addition, it is also difficult to develop a single matrix of indicators that would equally reflect the necessary parameters for the states, taking into account their different administrative and economic structure," said Dmitry Karyakin.