Disputes Over Ownership
- There are some areas of the world where ownership of the resources is disputed
- This can lead to disagreements over the exploitation of resources and ultimately conflict
- As the resources already available are depleted the pressure to exploit other areas increases
Arctic
- The area within the Arctic Circle is mostly ocean, this means there is no international treaty to protect the environment
- The United Nations Convention of the Law of The Sea (UNCLOS) should provide some protection but:
- Recent claims from Norway Canada, Denmark, USA and Russia all seek to extend their territorial claim and allow mining
- A new code of practice set out by the International Seabed Authority (ISA) would permit mining
- It is estimated that the Arctic contains 160 billion barrels of oil and 30% of the world's undiscovered gas
- Rare minerals are also present, with US Geological Survey (USGS) evaluating the area as the world's largest area of undeveloped rare earth minerals
- There are a number of nations with territorial waters within the Arctic Circle
Territorial claims in the Arctic
- Climate change is decreasing the size of the ice sheet
- This improves accessibility and makes drilling for oil and gas easier
- The Lomonosov ridge is an area of undersea mountains, Canada, Russia and Greenland all have claimed the area but its ownership is still disputed
Resource exploitation in the Arctic
- Norway has granted licences for the exploration for oil and gas in the Barents Sea
- The first offshore oil platform in the Arctic was set up in 2013 and is operated by Gazprom the Russian energy company
- Greenland now has two active mines and the potential for more increases as the ice which covers 80% of Greenland melts
- The US has recently approved the Willow project in the north of Alaska
- This will allow drilling for an estimated 600 million barrels of oil
Tensions
- All five states have begun to strengthen their military presence in the Arctic Circle
- Russia has reintroduced a military presence making improvements to bases in the north of Russia
- Norway has focussed investments in the military in the north of the country
- NATO exercise Cold Response in 2022 was led by Norway and based around conflict in the Arctic
- The Canadian Armed Forces have engaged in a number of military exercises with the US based around defending their claim in the Arctic
- Exercise Arctic Edge and Ice Exercise in 2022