Economics
Olga Buch: Why Norilsk Nickel is Moving Palladium Production from Norilsk to the Murmansk Region
The decision will improve metal recovery, accelerate production processes, and reduce costs; optimizing the production chain will strengthen Russia’s position as a strategic player in the global palladium market Norilsk Nickel is restructuring its precious metals production chain. Starting in July 2026, the processing of intermediate products will be transferred from the Norilsk Copper Plant...
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Maksim Dankin: Monetizing Carbon Regulation
The Arctic Carbon Registry could become Russia’s response to the risks of multibillion-euro losses resulting from the introduction of the European Carbon Border Adjustment Mechanism (CBAM) The online publication Expert – North-West has published a column by Maksim Dankin, Director General of the Project Office for Arctic Development. In the article, the head of the...
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Sergey Nikonorov. ECG Instead of ESG: Russia Is Forming Its Own System for Assessing Responsible Business
Through the ECG rating, the state gains a tool that allows it to incentivize socially responsible behavior by companies and link support measures to specific business reputation criteria The updated national standard GOST R 71198–2026 «Business Reputation Index of Business Entities (ECG Rating)» comes into force on June 13, 2026. The expanded methodology aims to...
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Achieving Arctic Development Targets by 2026 — A Foundation for a New Stage of Social and Economic Growth
February 27, 2026 In the run-up to Arctic Day, the Director General of the PORA Expert Center, Maksim Dankin, assessed the results of the social and economic development of the Russian Arctic over the past five years. Speaking at the round table devoted to the strategic priorities for the development of the Russian Arctic Zone...
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Proxy Governance Model for Greenland: An Option for the U.S. Foreign Policy?
Alexander Pilyasov, Doctor of Science (Geography) and Professor at Lomonosov Moscow State University, proposes that Donald Trump could leverage proxy organizations to manage economic activities and resources in Greenland. Drawing on historical precedents such as the Hudson’s Bay Company, the East India Company, and the Tennessee Valley Corporation, Dr. Pilyasov highlights the effectiveness of this...
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Russian Arctic Shipping Ambitions: International Perspectives and Future Scenarios
What do Russia’s international partners care about the most if the utilization of northern maritime corridors is concerned? What are the possible scenarios for the evolution of the NSR and the Trans-Arctic Transport Corridor through 2035? Maksim Dankin, Director General of PORA, has noted that the future of these corridors will significantly depend on international...
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China Deepens Economic and Technological Ties with Russia
Dr. Andrey Krivorotov, Doctor of Science (Economics), Acting Head of Innovations Management Department, Odintsovo branch, Moscow State Institute of International Relations (MGIMO University), Senior Research Fellow at the Institute of China and Contemporary Asia, Russian Academy of Sciences highlights China’s potential contributions in Arctic cooperation, primarily investment and technology transfer in communications and navigation systems,...
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