The tasks of the assessment of environmental damage in the Arctic

Development of oil and gas fields of the Arctic zone carries risks of destroying ecosystems and causing significant environmental damage. It is therefore particularly important to take preventive conservation measures in the early stages of exploration of the Arctic. The basis of such measures and tools is the valuation of environmental damage that could reduce the risk of environmental degradation in the Arctic zone. In order to provide the ability of the restoration work, it is necessary to create financial assets or other tools to begin rehabilitation work immediately in case of emergency and to eliminate the consequences of the damage caused after the completion of the work.