Friday, 29 March 2024
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Arctic Council

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Recent unexpectedly rapid melting of Arctic Ocean sea ice has captured the public imagination and created the impression of a „Race for the Arctic" with some countries scrambling for access to new trade routes, fishing grounds, energy and other seabed resources that could disturb the current geopolitical balance, writes Lutz Feldt. Others are concerned by the consequences of indiscriminate exploitation for the environment and indigenous peoples and fear possible conflict in the region.

Beneath the heightened political rhetoric, national posturing and media hype about unresolved territorial claims, huge hydrocarbon resources and disappearing polar bears, lies a complex and dynamic picture of disputed science, with inadequate data and unreliable predictions and increasing volatility in the energy market that is not conducive to long term investment and which may affect stability.

In such a fluid situation there is clearly scope for opportunism and miscalculation to lead to friction, which if mishandled could develop into military inter-state conflict.

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