The United Nations disclosed that in 2022 it initiated the opening of a Russian bank account due to complications arising from Western sanctions affecting conventional payment channels. The UN has received membership fees from three Russian banks for a climate funding program through the account, Reuters reports. Sovcombank, identified by the central bank as one of Russia’s 13 key credit institutions, announced on Monday that the UN had established an account with an undisclosed Russian bank not subject to sanctions which enabled transactions in Russian roubles. “There has been a Russian bank …