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An Integrated Approach to the Economic Assessment of the Permafrost Degradation Effects on Resilience of the Fixed Assets in the Russian Arctic

Author

Listed:
  • B. N. Porfiriev

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • D. O. Eliseev

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

— Complex issues and methodological approaches to assessing expected damage to the fixed assets from the permafrost degradation for the purposes of planning and implementing measures for adaptation to climate change and their consequences in the Arctic macroregion of Russia are contemplated. An integrated approach to such an assessment is introduced. It includes valuation of (a) the fixed assets located on permafrost, taking into account industry (sectoral) specificities and (b) the total expected damage to these assets depending on the intensity of fluctuations of the permafrost stability under various scenarios of climate change. The advantages and limitations of the integrated approach above are disclosed.

Suggested Citation

  • B. N. Porfiriev & D. O. Eliseev, 2023. "An Integrated Approach to the Economic Assessment of the Permafrost Degradation Effects on Resilience of the Fixed Assets in the Russian Arctic," Studies on Russian Economic Development, Springer, vol. 34(2), pages 176-184, April.
    • Handle: RePEc:spr:sorede:v:34:y:2023:i:2:d:10.1134_s1075700723020107
    DOI: 10.1134/S1075700723020107
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    References listed on IDEAS

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    1. S. V. Badina, 2020. "Prediction of Socioeconomic Risks in the Cryolithic Zone of the Russian Arctic in the Context of Upcoming Climate Changes," Studies on Russian Economic Development, Springer, vol. 31(4), pages 396-403, July.
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