Center for Markets in Transition CEMAT

NDI Background Paper 5: Accounting for disruptive developments in strategic planning of shipping in the Arctic

The NDI Background Paper gives room for describing a certain phenomenon, and presents the state of the art of research knowledge on it, including the author’s own research findings. It provides background information for policy-makers and other stakeholders and raises awareness of the topic and its relevance.
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Summary: 

The changing climate gradually opens the way to the Arctic waters for commercial shipping. This requires long-term investments in infrastructure and hence strategic planning of shipping activities both by governments and the global maritime industry to take into account various global and regional factors influencing the economics of shipping. Many of these factors are inherently uncertain and subject to disruptive developments, such as natural disasters or marine accidents. Therefore, such extreme events and disruptive developments should be accounted for when formulating strategic policy documents that will guide the development of shipping in the Arctic.

Download the background Paper:
Accounting for disruptive developments in strategic planning of shipping in the Arctic (PDF)

For more information, please contact the authors:
NIKITA STRELKOVSKII, IIASA, [email protected]
DMITRY EROKHIN, IIASA, [email protected]
ELENA ROVENSKAYA, IIASA, [email protected]

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