Prospects of Growing the Fast-Growing Energy Crop Pavlovnia in Russia in the Context of Sustainable Development and Closed-Cycle Economy

Climate agenda, sustainable development and circular economy have multiple interconnections. The key areas of transformation of various economic sectors such as energy, construction and industrial sectors are the reduction of greenhouse gas emissions into the atmosphere, as well as minimization of negative environmental impact. In this paper we analyzed the existing problems in the timber industry of the Russian Federation, which limit its development, studied the characteristics of the fast-growing tree variety “Pavlovnia”, thanks to which it is possible to obtain high-quality wood in a short time, evaluated the prospect of growing Pavlovnia in Russia as a multipurpose renewable resource, and proposed the use of Pavlovnia as the main species for carbon farming, carbon dioxide capture and carbon offsetting, as well as the use of carbon dioxide sequestration and carbon sequestration.