Risk Management of Infrastructure Projects as a Way to Ensure Sustainability of the Arctic Territories

Irina Makarova, Ksenia Shubenkova, Krzysztof Zabinski

2021

Abstract

Climate change opens up great opportunities for the development of the Russian Arctic. Significant reserves of minerals, easy access to the sea for the transportation of crude oil, liquefied natural gas and other resources make this region promising and energetically important. This investment area is a priority for Russia and can bring positive effects. At the same time, development of the northern territories is associated with inevitable problems caused by the vulnerability of their ecosystems. Air pollution poses serious health, environmental and economic problems for urban areas and contributes to global climate change. Among the atmospheric pollutants, black carbon has an extremely negative impact on the environment, especially in the Arctic territories. Although the Northern Sea Route is a direct route, some sections of it are too shallow for large container ships. There are a number of other equally important operational restrictions, for example, environmental issues: emissions from ships, oil spills on ice, etc. Article presents main directions for the implementation of the Arctic region development concept in the framework of the large infrastructure projects realization. Factors that negatively affect ecological state of the Arctic territories are highlighted, methods to reduce black carbon emissions for the Murmansk region are described taking into account various types of activities in the region. As a result, authors show that there is a significant potential for reducing emissions of pollutants, including black carbon. In order to increase the sustainability of the region, authors classify possible types of risks and suggest a conceptual model of the risk management system. As an example, the reasons and consequences of improper planning of supply chains are considered. While drawing up development strategies, risks that can disrupt the balance of ecosystems should be taken into account. This in general will contribute to the sustainable development of the Arctic territories.

Paper Citation

in Harvard Style

Makarova I., Shubenkova K. and Zabinski K. (2021). Risk Management of Infrastructure Projects as a Way to Ensure Sustainability of the Arctic Territories. In Proceedings of the 1st International Scientific Forum on Sustainable Development of Socio-economic Systems - Volume 1: WFSDS, ISBN 978-989-758-597-5, pages 23-32. DOI: 10.5220/0010663200003223

in Bibtex Style

@conference{wfsds21,
author={Irina Makarova and Ksenia Shubenkova and Krzysztof Zabinski},
title={Risk Management of Infrastructure Projects as a Way to Ensure Sustainability of the Arctic Territories},
booktitle={Proceedings of the 1st International Scientific Forum on Sustainable Development of Socio-economic Systems - Volume 1: WFSDS,},
year={2021},
pages={23-32},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010663200003223},
isbn={978-989-758-597-5},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Scientific Forum on Sustainable Development of Socio-economic Systems - Volume 1: WFSDS,
TI - Risk Management of Infrastructure Projects as a Way to Ensure Sustainability of the Arctic Territories
SN - 978-989-758-597-5
AU - Makarova I.
AU - Shubenkova K.
AU - Zabinski K.
PY - 2021
SP - 23
EP - 32
DO - 10.5220/0010663200003223