Arctic Business Analysis is a joint publication in English by the Nordic Council of Ministers and the Arctic Economic Council.
The report – Arctic Business Analysis – identifies the need to develop and promote the spirit of entrepreneurialism in the Arctic and calls for work to be done to publicise the business opportunities in the region and to showcase it as an attractive and sustainable market for investment and economic development. In 2016, the Nordic Cooperation Ministers decided to put more emphasis on economic development in the Arctic within the Arctic Cooperation Program of the Nordic Council of Ministers.
The Nordic Council of Ministers partnered up with the Arctic Economic Council in carrying out an Arctic Business Analysis. The aim was to qualify knowledge on the business environment in the Nordic Arctic and how to take the business environment to a next level.
The analysis covers 1) Entrepreneurship and Innovations; 2) Public- Private Partnerships & Business Cooperation; 3) Bio-economy, and 4) Creative and Cultural Industries.
The general findings of the analysis are:
- a need for an increased collection and dissemination of Arctic specific data;
- a need for strengthened cross-border business collaboration between regions and actors in the Arctic; and
- a need for a positive branding of the Arctic as an attractive and sustainable market for investments and economic development.
You can download the report on the Nordic Council of Ministers' website.
Northern Dimension Partnership on Culture launches a new report, exploring the CCS/CCI and tourism linkage challenges. "Mapping exercise: How could creative industries foster innovation in tourism in the Northern Dimension area?" explores creative industries and tourism linkage challenges in the Northern Dimension area. It is financially supported by the European Commission and developed by PROMAN for the NDPC. The cross-country report is supplemented by reports from 11 Northern Dimension countries on the development of their CCS/CCIs and tourism sector.
The aim of the report was to investigate the ecosystem and good practice examples of creative industries and tourism sector cooperation in the Northern Dimension countries, as well as to provide evidence and guidance on further action needed in order to accelerate innovation potential that creative industries could bring to tourism development.
The report demonstrates that there is already a substantial level of engagement between both sectors in the Northern Dimension countries. However, there is a room for improvement, since many CCS/CCI – tourism sector cooperation possibilities in ND countries are ‘under-utilised’ and require intervention, although there is no classic ‘market failure’. A list of recommendations drawn from the report suggests a variety of steps to be taken and opportunities that would arise from a targeted and thought-out CCS/CCIs and tourism sector co-creation.
NDPC expects that this report will lay foundations for a more productive dialogue and introduction of concreate measures to provide a further fruitful interaction between both sectors in the Northern Dimension area.
Cross-country report "Mapping exercise: How could creative industries foster innovation in tourism in the Northern Dimension area?” Download the report here
Artists and creative minds, politicians, entrepreneurs and scientists from throughout Europe attended the Forum d'Avignon Ruhr 2016 in August to discuss creativity as an ever-present ray of hope and its potential for more traditional areas of large-scale industry, the new digital economy and ultimately for culture itself.
The forum documentation, presentations and photographs have now been published. Please dowload the presentation on this link.
The report is based on data provided by Member States in the 2015 WHO global survey on eHealth and highlights the key messages and trends identified.
Downloead the report on WHO website.
Russia's capacity market and capacity remuneration mechanisms (CRMs) have not been effective in achieving the so called energy trilemma goals: energy security, sustainability and affordability. This is the finding of a doctoral dissertation at Lappeenranta University of Technology, LUT.
The results show that implemented CRMs can guarantee Russia's energy security in the short term. However, the current capacity market design cannot provide market-based incentives to invest in new power plants, thereby undermining the provision of energy security in the future. CRMs for renewable energy alone will not suffice to achieve the sustainability goals set by the policy makers, at least in the short term. At the same time, CRMs, capacity payments, and challenges faced in the wholesale electricity result in high final consumer electricity cost, incentivising consumers to leave the market.
Capacity remuneration means that power producers receive capacity payments, which should cover their investments in new power plants within 10 to 20 years, while agreeing on building contracted capacity on time. However, the implementation of CRMs, together with overestimation of the demand growth, has resulted in a capacity oversupply in Russia. This has increased the amount of the old capacity that receives capacity payments to stay in the market in order for the system to stay reliable.
"As a result, capacity payments question the design of the capacity market and impact on the final consumer capacity price, and thus, result in an energy affordability issue," explains Evgenia Vanadzina,researcher behind the study.
Read more on LUT website.
The article examines the coordination of policy priorities among the Arctic Council, the Barents Euro-Arctic Council, the Council of Baltic Sea States, and the Nordic Council of Ministers. The member states of these groups established these institutions to coordinate their regional cooperation. However, the member states ended up having to coordinate the parallel work of these institutions. This coordination effort influenced their cooperation, creating an institutional coordination dilemma. The article analyzes how interests, leadership, and identity politics influence this dilemma and how negative, problem-solving, and positive forms of coordination can amend its effects regarding the temporal consistency of policy priorities and their sectoral overlap.
Authors: Aalto Pami, Espiritu Aileen A, Kilpeläinen Sarah, Lanko Dmitry A.
The article was published in Journal of Baltic Studies.
This book analyses the revised European Neighbourhood Policy (ENP) which entered into force in May 2011, thereby replacing its predecessor of 2003/2004.
Editors: Bouris, Dimitris, Schumacher, Tobias (Eds.)
Read more on the publisher website
The European Commission adopted the fifth report on the development of the European rail market. The report shows that EU legislation on rail, which encourages competitiveness and market opening, has led to a more efficient and customer-responsive industry. In Member States where rail markets are opened, competition can result overall in lower fares for customers and better value for taxpayers. After adoption of the 4th Railway Package, the focus of the Commission will be on the implementation of existing legislation to bring about further performance improvement.
Download the full report on Commission webpage.
The first global study of soil carbon loss due to warming, finds that an additional 55 trillion kilograms of soil carbon could be added to the atmosphere between now and 2050. This is equivalent to as much as 17 per cent of all greenhouse gas emissions during this same period. Most of it would come from Arctic and subarctic soils.
The study was published in Nature and presented in High North News.
The key purpose of the research consortium is to assess the risk of the increased maritime activity in the High North and the challenges this increase may represent for the preparedness institutions in this region.
Project partners include actors from Norway, Greenland, Iceland and Russia (Northern Dimension co-coordinatorNorthern (Arctic) Federal University being one of them.
The report gives a picture of the current commercial and government maritime activity in the sea areas north of the Arctic Circle from the Kara Sea, along the Northwest coast of Russia, the Northern coast of Norway, around Svalbard, Iceland and Greenland up to the Baffin Bay. Furthermore, the report offers estimation of the future maritime activity level in the area up to 2025.
Download the report on the website.