You are here: Home Knowledge Base Environment Exploring Energy Resources in the Arctic Ocean Solutions The members of the Arctic Council should continue their efforts towards reaching binding agreements and recognize the necessary balance between national and common interests by accepting new observers.
Symposium 2012

Solution for Exploring Energy Resources in the Arctic Ocean

The Challenge

As temperatures rise with a changing climate, Arctic sea ice melts. As a consequence, the once ice-covered Arctic Ocean becomes increasingly accessible, with implications for various economic sectors. ...

As temperatures rise with a changing climate, Arctic sea ice melts. As a consequence, the once ice-covered Arctic Ocean becomes increasingly accessible, with implications for various economic sectors. In particular, the oil and gas resources below the seafloor have whetted the appetite of the littoral states—Canada, Denmark, Norway, Russia and the United States—as well as outsiders, such as China and the European Union, which are developing or rethinking their Arctic strategies.

The members of the Arctic Council should continue their efforts towards reaching binding agreements and recognize the necessary balance between national and common interests by accepting new observers.

The Arctic Council is the main policy forum in the High North. Over the years, it has evolved from a forum that discusses and provides scientific assessments to what is now becoming a rule-making body, under the auspices of which binding international instruments can be negotiated to address specific policy needs in the region. A search and rescue agreement is already in effect; an agreement on oil spill response is on the way; and there may be more to come.

The membership of the Arctic Council needs to reflect the rising importance of the region to non-Arctic states and consider their existing or potential contribution in terms of research and expertise. The European Union, China, South Korea, Italy and others are interested in becoming observers. The European Union, for example, has contributed more than €200 million in research over the last 10 years.

Consistent with its origin as the Arctic Environmental Protection Strategy, the Arctic Council should come to a consensus on how to associate more parties to guarantee a sustainable future for the High North. Furthermore, it is important to recognize that solutions for any human activities in the Arctic Ocean involve a balance between national interests and common interests.

    Related Solutions

    Solution
    Symposium 2012

    Redo the "math" of offshore oil extraction in the Arctic (taking account of all costs, risks and benefits) through a comprehensive dialogue between all stakeholders.

    Redo the "math" of offshore oil extraction in the Arctic (taking account of all costs, risks and benefits) through a comprehensive dialogue between all stakeholders.

    Redo the "math" of offshore oil extraction in the Arctic (taking account of all costs, risks and benefits) through a comprehensive dialogue between all stakeholders.

    Polity, Business, Civil Society
    Solution
    Symposium 2012

    Rather than imposing particular technical solutions and standards, Arctic countries need to stipulate performance-based regulation and standards for drilling activities and ensure that operating companies bear the full costs of ...

    Rather than imposing particular technical solutions and standards, Arctic countries need to stipulate performance-based regulation and standards for drilling activities and ensure that operating compa ...

    Rather than imposing particular technical solutions and standards, Arctic countries need to stipulate performance-based regulation and standards for drilling activities and ensure that operating companies bear the full costs of any incident.

    Polity, Business
    Solution
    Symposium 2012

    Limit drilling to the least risky regions, where there is no ice or little enough ice to make effective ice management possible.

    Limit drilling to the least risky regions, where there is no ice or little enough ice to make effective ice management possible.

    Limit drilling to the least risky regions, where there is no ice or little enough ice to make effective ice management possible.

    Polity
    Solution
    Symposium 2012

    Invest in research on secure extraction of conventional resources, on renewable energy technologies and on how to capture leaking methane.

    Invest in research on secure extraction of conventional resources, on renewable energy technologies and on how to capture leaking methane.

    Invest in research on secure extraction of conventional resources, on renewable energy technologies and on how to capture leaking methane.

    Polity, Academia, Business