ECONOMY OF THE ARCTIC COASTAL TERRITORIES: ANALYSIS OF THE STATE AND DEVELOPMENT TRENDS

Abstract

The article deals with the issues of economic development of the coastal territories of the Russian Arctic (blue economy). The author assesses the state and development of certain sectors of the blue economy, including marine (coastal) biological resources, mineral resources and hydrocarbons, renewable energy, seaports and infrastructure, coastal tourism. He shows the influence of the economy of coastal territories on socio-economic development, the creation of new jobs, the investment attraction, the traditional crafts of the indigenous peoples of the North and the improvement of the population living standards. The author identifies the development trends of the Arctic coastal territories, which consist in the complex nature of industrial development of the territory taking into account the requirements of environmental protection, the development of renewable energy sources (solar, wind energy), modernization of port infrastructure, creation of a network of specially protected natural Arctic territories.