Allowable and critical risks of the Arctic development in terms of global climate change

Abstract

The Arctic development is accompanied by different high risks which basically arise due to natural and technogenic factors. The changes in the Arctic cryosphere are commonly considered the most serious ones by the international scientific community. In our study we regard the changes in Arctic cryosphere as natural risks. Due to the fact that complex ice conditions, on the one hand, present the serious obstacle to Arctic resources development and, on the other hand, serve as indicator of alarming global climate change, the current research proposes the risk analysis based on the analytical model, with the risks being classified by their level of impact.