The given project is a cmponent of a series of projects under the common title "Improving the USe of Economic Instruments for Water Management in the Republic of Buryatia (Lake Baikal Basin), implemented under the auspices of the Orgnisation o Economic Coopertion and Development (OECD) within the framework of implementation of the EU Water Initiative as applied to the region of Eastern Europe, Caucasus and Central Asia (EECCA). The given second report was prepared in order to analyse international experience in water resources management and identification of instruments that might be used in the Republic of Buryatia.
Following the notion of environmental footprint international environmental comunity detalised notions of specific environmental media footprints, including carbon and water footprints. The article is devoted to major aspects of carbon balances and problems of attaining carbon neutrality, as well as issues of certification of Russian companies according to existing international standards. It also relates to issues of voluntary carbon reporting, corporate social responsibility of companies, standardization of water footprint, national accounts as the basis for formulation and adoption of sustainable and sound strategies in the field of water resource management for further development of water sector of the Russian Federation