The world keeps constantly changing, and with every change, it transforms. Similarly, the Arctic has gone through a lot of transformation. In this regard, we must understand what future steps are being taken, and how we can help to spread awareness. For a start, the Arctic is the industry that offers shelter to more than four million people. However, in matters of governance, this may get a little confused, but you will understand it in no time.
Does the Arctic have a government?
The first thing to know about any place is its governance. This gives you an idea of what to expect. In the case of the arctic, it’s being regulated by an international body that is called the Arctic council. The countries include the UK, Denmark, Norway, Sweden, Finland, Russia, Canada, and the US.
Coastal State Right:
You must know that under coastal rights the resources can be regulated, and drastic steps can be taken to preserve the environment. In addition to that, it’s equally important to mention that most of the artic comes under Coastal state Rights. The CSR can declare any area an economic zone.
Who governs the Arctic?
The Arctic is governed jointly. That means Canada, Denmark, the US, Finland, Iceland, Norway, Russia, and Sweden control it. These are called coastal states, and all that is arctic is under the control of these states. They form an international body to control the region. The governing body will also include the United Kingdom.
Why it matters?
Everything in today’s world makes an impact on the economy, so why wouldn’t arctic. The ecosystem provides an excellent opportunity for the countries to work together. With proper cooperation, the governance can be excelled, and coherence achieved. In addition to that, it’s equally to be kept in mind that there are four million people whose future will depend on the situation of the Arctic.
These people include Russian, the US, Sweden, Finland, Denmark, Canada, etc. The industry that is excelling because of it includes shipping, oil, and has. This is due to the melting ice in the region. This has attracted a lot of companies to invest and make sure that they know the business. This in turn has created a new economy in recent decades. However, the threat to the region will also be to the millions of people who are tied to it. Though the committee takes radical steps to ensure its survival, there needs to be an aggressive campaign.
The current circumstances offer excellent opportunities for all the countries involved to invest in the sustenance of the arctic. In addition to that, they can share information, and execute plans.
The Arctic needs to be saved and cherished. Though the joint governance has helped it, we will still have to take some radical steps to make sure that we are doing whatever is in our hands. It needs to be preserved. In this regard, the countries involved should put aside their differences, and work together.