MOSCOW (Reuters) - Russian largest oil producer Rosneft
The plans were revealed after BP
Rosneft said the investments would be used for projects such as restricting CO2 emissions and utilization of associated petroleum gas, a by-product of oil output. Rosneft's "green" investments for the past five years stood at 240 billion roubles ($3.8 billion).
The company also said it wants to cuts greenhouse gas emissions by 8 million tonnes by 2022.
According to the Russian Natural Resources Ministry, Russia is world's fourth-largest greenhouse gas emitter after China, the United States and India.
President Vladimir Putin has said Russia will stick to its goals as part of global efforts on tackling climate change.
(Reporting by Olesya Astakhova; Writing by Vladimir Soldatkin; Editing by Tom Hogue)