New Polar Science Study Findings Have Been Reported by V. Gassiy and Co-Researchers (Selection of priority investment projects for the development of the Russian Arctic)

By a News Reporter-Staff News Editor at Science Letter -- Data detailed on Science - Polar Science have been presented. According to news reporting originating in Krasnodar, Russia, by NewsRx journalists, research stated, “In the Russian Arctic, there is currently an active process of preparation and implementation of investment projects aiming to extract natural resources, with the aim of sustainable socioeconomic development of the region. These projects are associated with the development of key zones in the Arctic and involve the exploration for and production of minerals (diamonds, gold, rare-earth metals, oil, and gas) and the development of energy and infrastructure (e.g., the Northern Sea Route).”

Funders for this research include Russian Science Foundation, Management by Objectives of the Comprehensive Development of the Arctic Area of the Russian Federation, Russian Foundation for Basic Research (RFBR).

The news reporters obtained a quote from the research, “Such projects, which are often carried out in territories of traditional nature management belonging to the indigenous peoples of the North, must consider their environmental and social responsibility and the preservation of the ethnic identity and culture of indigenous peoples. The extraction of mineral deposits in the Arctic and the Far North places new demands on subsoil users, related to the preservation and development of the socio-cultural environment of the indigenous peoples of the North and to the ecological rehabilitation of the area. This article presents economic and mathematical models for selecting the optimal development project options based on the pairwise comparison of investment projects and the evaluation of indigenous peoples’ preferences. We investigated the investment projects’ impact on traditional territories in the Arctic, including the Republic of Sakha (Yakutia), in terms of socioeconomic and ethnological development, and environmental change. The suggested system of models can be used to assess the priority of projects supporting and developing the region in the mining corporation’s area of responsibility. The proposed models are based on fuzzy set theory, which provides an effective assessment of the population’s preferences for projects. Data are processed using the hierarchy analysis method and multivariate optimization calculations to determine the project sets at different funding levels. The creation of information-linked processing models is innovative. Indigenous people’s expert assessments of the priority of projects are processed using the hierarchy analysis method to determine the coefficients of the optimization model that enables the calculation of the choice between the analyzed projects, given the allocated financial resources. This approach can be used to address issues of support for indigenous people in areas where mining and other economic development activities are taking place, especially in the Arctic region.”

According to the news reporters, the research concluded: “The proposed decision-making mechanism, which includes public hearings, sociological surveys, ethnological expertise, and compensation payments to indigenous minorities of the North, facilitates the justification of optimal strategies for maintaining and developing the region, taking into account economic, ecological, social, and ethnological factors.”

For more information on this research see: Selection of priority investment projects for the development of the Russian Arctic. Polar Science , 2017;14():68-77. Polar Science can be contacted at: Elsevier Science Bv, PO Box 211, 1000 Ae Amsterdam, Netherlands. (Elsevier - www.elsevier.com; Polar Science - http://www.journals.elsevier.com/polar-science/)

Our news correspondents report that additional information may be obtained by contacting V. Gassiy, Kuban State Univ, Krasnodar 350040, Russia. Additional authors for this research include I. Potravny, I. Novoselova and A. Novoselov.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.polar.2017.10.003. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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CITATION: (2017-12-29), New Polar Science Study Findings Have Been Reported by V. Gassiy and Co-Researchers (Selection of priority investment projects for the development of the Russian Arctic), Science Letter, 114, ISSN: 1538-9162, BUTTER® ID: 014902944

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