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RIAC FORECAST 2019–2024: ARCTIC 2024

Analytical digest
5 April 2019
Climate forecasts for the Arctic suggest that shipping volumes for the Northern Sea Route in the medium term will hardly exceed current values. By 2030 the navigation period is expected to last for up to nine weeks a year with the maximum concentration of ice in water of 10%, and for another five weeks before and after the main navigation period with the concentration of up to 40%. In the «western» Arctic seas (Barents Sea and Norwegian Sea) the navigation conditions are more favorable even now. In other Arctic seas (Laptev Sea, East Siberian Sea, Chukchi Sea, Baffin Bay, Greenland Sea) the climatic conditions in the foreseeable future will stay harsh.

The political and military situation in the Arctic will remain stable and predictable. However, some circumstances may hinder international cooperation in the region. First and foremost, these circumstances include the issue of defining the limits of the continental shelf in the Arctic Ocean and possible entanglement of the Arctic in the arms race.
It must be noted that the issue of the limits of the continental shelf will hardly be settled in the near future because presentations of the coastal states to the Commission on the Limits of the Continental Shelf take considerable time to be reviewed.

In any case, international cooperation in the Arctic will have to face a test of strength. Due to the specifics of the current political situation, Russia will attach particular importance to the task of preventing the crisis between Russia and the West from having an adverse effect on the Arctic region.

Anlytics on the topic

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Research
5 April 2019
Problems and Prospects of the Northern Sea Route as an Element of the Single Arctic Transport System

This publication was prepared by the Analytical Department of the Executive Office of the Federation Council of the Russian Federation for the online conference Problems and Prospects of the Northern Sea Route as an Element of the Single Arctic Transport System which took place from September 1 to October 31, 2018.

Research
2 July 2020
Transformational Investment: Converting Global Systemic Risks into Sustainable Returns

The paper describes long-term global systemic risks that affect the environment, the economy and society. The review also provides practical advice for investors for converting systemic risks into development models. There are six main global systemic risks: climate change, water security, geopolitics, technological evolution, demographic shifts, low and negative real long-term interest rates.

Research
24 September 2020
The Arctic Strategies: Energy, Security, Environment and Climate

Task force Arctic Energy at the Energy Centre of the Moscow School of Management SKOLKOVO present the first volume of study series Arctic Energy dedicated to analysis of arctic strategies of the states declaring their interests in the region.

Research
7 November 2019
Structural Change for Inclusive and Sustainable Industrial Development

This report from the United Nations Industrial Development Organization (UNIDO) studies development paths of the manufacturing sector in the context of transition to inclusive and sustainable economic development.