Diplomatist Magazine Diplomatist Oct-Nov 2018 | Page 50

PERSPECTIVE THE ARCTIC DYNAMICS BY SOUMYA DE* Introduction The area above the 66° 33' 39" N latitude / Arctic Circle is referred to as the Arctic. It is the northernmost part of Earth and it consists of the North Pole, the Arctic Ocean, adjacent seas, and parts of Alaska, Canada, Finland, Greenland, Iceland, Norway, Russia, and Sweden. The region is unique in terms of its ecosystem. The land here has seasonally varying snow and ice cover, with predominantly treeless permafrost- containing tundra. The harsh weather, rough terrain and perpetual frozen state of Arctic were the major hurdles when it came to the exploration and claiming parts of the region. However, the snow is receding quickly in the region and the past few years have witnessed record low ice cover during the summers. This phenomenon is proving to be advantageous for the people, who are willing to invest in the regions for resource exploration and get a strategic advantage. The Arctic is becoming a highly contested region due to its strategic location and deposits of huge amounts of hydrocarbons and precious metals. The Arctic states, as well as other major non-arctic global powers, are looking at this region as the future playground, which in many ways will determine the fate of the world. The ice-capped Arctic is facing the disastrous eff ects of climate change at almost twice the rate at which the rest of the earth is facing. It has resulted in rapid melting of ice, which has contributed signifi cantly to the sea level rise, which in turn has jeopardized the lives of millions of people living in close proximity to the sea. There are opportunities and challenges for the multi-polar world order in realizing the confl ict-free Arctic dream. Some countries are trying to benefi t from the changing dynamics of the Arctic. The melting ice gives access to huge reserves of hydrocarbons and opens up a couple of major trade routes, which will cut short the distance between Asia and Europe signifi cantly. On one hand, the opportunities for new resources and trade routes are up for grab but on the other hand, the challenges are the huge costs involved in the exploration and production of the hydrocarbons amidst the harsh climate. Another challenge is the competing claims over the Arctic Ocean by the Arctic states, which generally overlaps each other. Legal settlements to these issues could be achievable under the United Nations Convention on the Law of the Sea (UNCLOS). These claims prove to be a hurdle in the way of a successful Arctic Diplomacy. 50 • Extraordinary and Plenipotentiary Diplomatist • Vol 6 • Issue 10 • Oct-Nov 2018, Noida