Towards an Arctic Sustainability Monitoring Framework

Petrov, Andrey N.; Vlasova, Tatiana

doi:10.3390/su13094800

Cited by 8 publications

(4 citation statements)

References 6 publications

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“…The need to identify criteria and assess the sustainable development of the resource potential of the Arctic is determined by the uniqueness of the territory in comparison with traditional production regions [57,58]. The nature of ecosystems, the high complexity of operations, the need to use innovative solutions, and the heterogeneity of socio-economic processes in the region require the integration of sustainable development principles into the strategic management of the oil and gas sector of the Arctic [59].…”

Section: Issues Associated With the Sustainable Development Of Oil And Gas Resources In The Arcticmentioning

confidence: 99%

Sustainable Development of Oil and Gas Resources: A System of Environmental, Socio-Economic, and Innovation Indicators

Cherepovitsyn

Rutenko

Solovyova

2021

JMSE

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Following the principles of sustainable development in the development of oil and gas fields in the Arctic will ensure that hydrocarbon production and transportation operations comply with stringent environmental regulations, the economies of the northern regions become integrated into the national economy of Russia, production systems in the oil and gas sector are upgraded in an innovative manner, and further development of this region is balanced from the environmental perspective. The purpose of the study is to develop and provide a rationale for a balanced system of environmental, socio-economic, and innovative indicators for assessing whether the development of the Arctic’s unique hydrocarbon reserves is sustainable. The theoretical framework of the study draws upon the foundations and key principles of the sustainable development concept and upon modern approaches and methods for assessing the sustainability of production systems. The study presents an analysis of conceptual approaches to defining sustainable development in reference to oil and gas resources, including those found in the Arctic, defines target priorities for the sustainable development of the Arctic’s resource potential, and identifies the relationship between the environmental, socio-economic, and innovative domains of sustainability in the context of Arctic resource development. The results of the study demonstrate how large-scale gas projects can influence regional development and provide for making informed conclusions about whether the development of the Arctic’s oil and gas reserves can be considered sustainable (in accordance with the basic principles of the sustainable development concept).

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Section: Issues Associated With the Sustainable Development Of Oil And Gas Resources In The Arcticmentioning

confidence: 99%

Sustainable Development of Oil and Gas Resources: A System of Environmental, Socio-Economic, and Innovation Indicators

Cherepovitsyn

Rutenko

Solovyova

2021

JMSE

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“…The demand for various types of minerals is changing, and the level of environmental and social requirements is increasing. Moreover, new approaches to project financing are emerging due to the current ESG (environmental, social, and governance) agenda [5,[7][8][9][10][11].…”

Section: Introductionmentioning

confidence: 99%

A Conceptual Model for the Sustainable Development of the Arctic’s Mineral Resources Considering Current Global Trends: Future Scenarios, Key Actors, and Recommendations

2023

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Today, the issues of sustainable development are among the most pressing ones. They are particularly relevant in the context of mineral resource development as operations in this sector always have an impact on the environment and socioeconomic development. Developing the mineral resource base of the Arctic presents a difficult task, as it requires finding a balance between the growing demand in resources and the acute climatic and geopolitical challenges. In view of both the specific features of the region and the pressure caused by various trends and challenges, ensuring the sustainable development of the Arctic’s mineral resource base is highly important. In 2022, the global landscape that consists of sustainable development trends, ESG agendas, and environmental awareness was supplemented by national import substitution policies introduced in many strategic industries, which led to an inevitable increase in demand for mineral resources. This substantiates the importance of the research goal—developing a model for the sustainable development of the Arctic’s mineral resource base that will produce quantitative results and provide key actors with reasonable recommendations for restructuring the priority areas of development.

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“…Today, the problems and difficulties identified are complemented by new challenges. The degree of uncertainty in the functioning of mineral markets is increasing; there is a gradual shift in focus from traditional to green energy sources; the needs for various types of minerals are changing; the level of environmental and social requirements is increasing; new approaches to project financing are emerging due to the current ESG agenda [7,[15][16][17][18].…”

Section: Introductionmentioning

confidence: 99%

Russian Arctic Mineral Resources Sustainable Development in the Context of Energy Transition, ESG Agenda and Geopolitical Tensions

Dmitrieva

Solovyova

2023

Energies

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The Arctic region is well-known as a source of energy and mineral resources. Developing these resources by means of responsible practices could provide the world’s economy with strategically and critically important types of minerals. As a result, the role of the Arctic’s resource potential and the approaches used to develop it are gradually changing. In current conditions, it is crucial to strike a balance between existing needs and long-term demand for traditional energy sources or critical materials, such as rare and rare-earth minerals. Achieving this balance will result in sustainable growth, meeting ESG agenda targets while considering national security priorities, and devising novel approaches to sustainable project financing. However, there is controversy between existing strategies and plans based on low-carbon development and reality, which creates new macroeconomic and geopolitical obstacles that need to be overcome. The primary goal of this research is to substantiate the necessity of transforming the Russian Arctic’s mineral resource exploration in the context of global and national changes. The article presents a comprehensive analysis of the contemporary trends and tendencies influencing the exploration of the Arctic’s resources, as well as a general vision of the current situation in the energy sector. Research methods include content analysis and synthesis, generalization, decomposition, elements of strategic analysis, planning and forecasting, statistical methods, econometric modeling methods, and scenario planning. An upgraded concept of sustainable development based on six key components is proposed and discussed. Recommendations are provided on how to improve the existing system of long-term planning and forecasting to reduce the high level of macroeconomic and geopolitical uncertainty. The role of Russian Artic resources is determined in light of the shift in resource use.

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Towards an Arctic Sustainability Monitoring Framework

Abstract: It is becoming more evident that in the twenty-first century we are living in the new era of Anthropocene, where humans attained the ability to alter planetary processes, bringing new urgency to the systematic understanding of current and future social and environmental changes [...]

Cited by 8 publications

References 6 publications

Sustainable Development of Oil and Gas Resources: A System of Environmental, Socio-Economic, and Innovation Indicators

Sustainable Development of Oil and Gas Resources: A System of Environmental, Socio-Economic, and Innovation Indicators

A Conceptual Model for the Sustainable Development of the Arctic’s Mineral Resources Considering Current Global Trends: Future Scenarios, Key Actors, and Recommendations

Russian Arctic Mineral Resources Sustainable Development in the Context of Energy Transition, ESG Agenda and Geopolitical Tensions

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