The Arctic
The Arctic is one of the most rapidly changing regions due to climate change. The shrinking of sea ice has opened up new shipping routes, particularly the Northern Sea Route and the Northwest Passage. These routes offer shorter transit times between Asia, Europe, and North America, reducing shipping costs and opening up new trade opportunities. The region also holds significant reserves of natural resources such as oil, gas, minerals, and fish stocks, and as these resources become more accessible, interest sparks in exploration and utilisation. Cooperation among the Arctic nations, indigenous peoples, and the international community is necessary to ensure the sustainable management of these resources and the protection of the Arctic.
