The pandemic has accelerated the development of green energy throughout the world. In 20202021, many large economies embarked on a path of decarbonisation as part of their post-pandemic recovery and, in doing so, took measures to limit global warming to 1.5°C. As a result, 20 countries (including the EU and China) have set ambitious targets in the last year to achieve carbon neutrality by the middle of the century. 2020 also saw the initial steps towards cross-border carbon regulation, which the EU plans to introduce in 2023 as part of its implementation of the EU Green Deal. According to EY, the cumulative effect on the Russian economy could reach EUR 15 billion by 2030. The latest evolutionary developments in Russias energy sector, which include alternative fuels and renewable energy sources and pay particular attention to its natural geography, have a tremendous potential, yet the pace of transformation lags behind the rest of the world. According to international experts, achieving carbon neutrality is a necessary condition for long-term global economic development, and the Arctic region has an important role to play in this. The Arctic is a strategic region for the development of large-scale renewable energy projects and the creation of development clusters across a whole range of industries. The unique natural resources, access to strategic sales markets and the development of the Northern Sea Route represent an unrivalled springboard for the large-scale rollout of ecosystem development programmes based on renewable energy projects and the realization of the regions export potential, while reducing the anthropogenic impact. How can the overall anthropogenic impact and the Arctics carbon footprint be reduced? Can the industrial development of the Arctic be reconciled with the reduction of the carbon footprint? How can environmentally friendly economic development be made attractive to local communities and business? How can individuals be encouraged to take greater personal responsibility for reducing their carbon footprint?