Abstract—
The article is a continuation of a previous study on a methodology for forecasting expected damage to fixed assets from permafrost thawing precipitated by climate change in the northern regions of Russia, in which the authors proposed an integrated methodology for economic assessment of thawing-related risks adjusted for industry- and region-specific features. The present article uses that methodology to substantiate an assessment of the expected damage from permafrost degradation to the industrial complexes of the nine discussed regions under three scenarios that differ in dynamics and intensity of climate change. Estimates of the total damage from permafrost thawing to the fixed assets of these regions over a 30-year period range across the scenarios from 3.6 trillion to 5.7 trillion rubles. In terms of comparing regions, the damage is the most significant in the Yamalo-Nenets Autonomous Okrug—1.8–2.5 trillion rubles, amounting to about 50% of the total damage; in terms of industries the damage is the worst for the extractive industry—2.0–2.7 trillion rubles.
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The methodology of these calculations is based on the model complex of the Institute of Economic Forecasting, Russian Academy of Sciences, used for macroeconomic forecasting.
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Funding
The article was prepared as part of research on the topic FMGW-2022-0009 “Creation of a methodology for developing decarbonization scenarios for global and Russian economies, in particular for key industries; establishing a research and methodological foundation for the second stage of adaptation to climate change for the period up to 2025 (taking into account the experience of implementing the first stage of adaptation to climate change for the period up to 2022)” of the state assignment to the Institute of Economic Forecasting of the Russian Academy of Sciences, part of the Critical Innovation Project of National Significance (VIP GZ) for the development of a unified national monitoring system for climatically active substances approved by Order of the Government of the Russian Federation no. 2515-r dated September 2, 2022.
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Translated by A. Ovchinnikova
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Porfiriev, B.N., Eliseev, D.O. Scenario Forecasts of Expected Damage from Permafrost Degradation: Regional and Industry Issues. Stud. Russ. Econ. Dev. 34, 651–659 (2023). https://doi.org/10.1134/S1075700723050143
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DOI: https://doi.org/10.1134/S1075700723050143