Who owns the Arctic?

"Global warming is thawing the Arctic and igniting a high-stakes race for the riches beneath its ice. Global warming is heating up the Arctic, and global powers like the United States, Russia and China are manoeuvring to stake a claim to the resources under its melting ice. Some experts say the region, once known as an exception an island of international cooperation in the midst of geopolitical struggles is becoming the site of a second cold war."

"Global warming is heating up the Arctic, and global powers like the United States, Russia and China are manoeuvring to stake a claim to the resources under its melting ice. Some experts say the region, once known as an exception an island of international cooperation in the midst of geopolitical struggles is becoming the site of a second cold war. Presenter: Stefanie Dekker Guests: Pavel Devyatkin nonresident fellow at the Quincy Institute Miyuki Qiajunnguaq Daorana Indigenous rights and climate activist Petra Laiti Saami Council project coordinator"

Global warming is rapidly thawing the Arctic, exposing vast reserves of minerals, hydrocarbons and new shipping routes. Major powers such as the United States, Russia and China are manoeuvring to stake claims on resources emerging from melting ice. The geopolitical competition is increasing tensions in a region that historically hosted cooperative governance. Indigenous communities face heightened risks to livelihoods, cultures and land rights from accelerated industrial interest and climate impacts. Environmental and security concerns converge as resource extraction threatens fragile ecosystems and international stability. Absent robust agreements, the Arctic could become a new zone of conflict and environmental degradation.

Read at www.aljazeera.com