The Arctic 2050 research aims to identify how institutional and innovation development can make the intensification of economic activity in the Arctic a key driver of the sustainable development of the region, including social and environmental perspectives.
The research explores the current regional developments, global challenges, the role and interests of key stakeholders, as well as the possibilities of international cooperation in the transforming geopolitical context. The volatile dynamics, complexity, and interdependence of the regional driving forces make the future Arctic landscape extremely uncertain and ambiguous. To navigate the future of the Arctic we apply a scenario approach for mapping the possible futures.
We develop four narratives for the Arctic until 2050 describing the possible implications of the intensification of the economic activity in the region, the establishment of the Arctic technological platform, and the development of the Arctic cities. We discuss threats and opportunities in each scenario offering recommendations for the leadership agenda in business, policy, and the third sector.