Research projects for the arctic sustainable development

Abstract

Currently, Russia has a rather complicated geopolitical situation, as a result of which there have been significant economic changes that have been superimposed on the difficult «Сovid» period. The dollar exchange rate reached record levels in March 2022, exceeding the mark of 100 rubles per dollar, while the Central Bank of the Russian Federation faced a shortage of foreign exchange reserves, freezing assets in foreign banks and funds. In addition, various international sanctions are being imposed on Russia, and Russia’s participation in international projects has been suspended, in particular within the framework of the Arctic Council. As a result, it seems expedient to involve not only the member states of the Arctic Council in cooperation and participation in projects, but also other states, along with the formation of specialized centers, tools and mechanisms that contribute to their realization.