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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
28 May 2021
Net-Zero Challenge: The supply chain opportunity

The research prepared by the experts of the World Economic Forum together with BCG examines the issues of climate change and the opportunities that all companies have to influence the climate issues through actions on decarbonizing global supply chains.

Research
24 May 2021
Specifics of sources for Russian macroeconomic forecasts

The study by ACRA is focused on main sources for Russian macroeconomic forecasts, such as official public sources, international organizations and development institutions, credit rating agencies, and consensus surveys. Based on data from these sources, ACRA conducted an analysis of systemic biases and predictability of indicators.

Articles
25 October 2018
Russia-2024: The strategy of social and economic development

In his article published in Voprosy Ekonomiki, Dmitry Medvedev, Chairman of the Government of the Russian Federation, analyzes the goals of Russian social and economic policy for 2018–2024, in particular those in the areas of education and science, healthcare, social policy, technologies, finance, and exports.

Expert opinion
26 November 2021
The Northern Sea Route: Boundaries and Opportunities

Summary session «Northern Sea Route — Bounds and Opportunities» within the framework of the Arctic Talent Acquisition Conference, which took place on November 15-16, 2021 in Arkhangelsk.