Students to address Arctic tourism and finance in project lab

From February 24 to 27, the Arctic Youth Project Laboratory BRICS Project Lab will be held in Moscow. Students will solve four comprehensive tasks based on real data and prepared by partners from leading industries. Participants will develop strategies for key areas of Arctic development: from international law and economics to tourism and municipal management.

International legal track. Teams will analyze the 1920 Svalbard Treaty, Norwegian legislation, and enforcement practices to assess opportunities for expanding international cooperation in the region.
Economic and strategic track. The task is to create a development concept for oil and gas projects in Arctic conditions, considering high capital costs and uncertainty. The research should determine the region«s role in long-term energy strategy.
Tourism development track. Participants need to assess the potential of Arctic tourism in Russia, analyze state support measures, existing programs, and opportunities for international partnership, while keeping in mind the fragility of northern ecosystems.
Municipal finance track. Teams will study global experience and find effective financial instruments that will help Arctic municipalities attract investments under budget constraints.
Students will present the results of their work at an in-person defense on February 27. Registration for the laboratory, organized by MGIMO of the Russian Ministry of Foreign Affairs and the Expert Center PORa, is already open.
— The proposed cases simulate real project activities in the Arctic, — said Maxim Dankin, General Director of the Project Office for Arctic Development. — They are focused on key challenges: from issues of geostrategy to local financial mechanisms. Students will have to seek solutions at the intersection of economics, law, ecology, and geopolitics, which requires a non-standard, truly Arctic approach.





