Abstract
The article provides a retrospective analysis of the development of concessions in the European North of Russia, showing their impact on economic development and the state of the environment. The purpose of the research is to study the experience of transferring the raw materials resources of the European north of Russia in concession to foreign entrepreneurs in the 1920s to attract investment in the implementation of projects for proper and economically efficient use of natural resources. The author considers forestry, fishing and fur-trading concessions as the object of the study. Based on the analysis of various published and archival sources the author reveals that the concessionaires, in the interests of obtaining income, violated state laws, including environmental laws. Critical analysis of the activities of foreign concessions creates a scientific basis for the implementation of national economic projects, and gives impetus to the development of domestic environmental science. The results of the study on the use of the experience of concessional environmental management are due to be applied in developing measures to prevent the negative impact of Arctic development on the environment, to attract investments, including foreign ones, to harmonize the interests of business and the local population.
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