The Arctic is emerging as an important region in global affairs and a promising frontier for energy development. With an estimated 25 percent of the world’s undiscovered oil and gas reserves, and with climate change making shorter maritime routes through Arctic waters possible, the region is attracting increased attention for its commercial potential. However, the effects of climate change and increased human activity in the region are likely to pose important challenges to its fragile ecosystem and indigenous communities.
On June 12, the Energy Security Initiative at Brookings hosted a discussion marking the start of an 18-month research project on the challenges and opportunities of Arctic development. Panelists discussed the various international approaches to Arctic energy and natural resource development as well as energy and natural resource development in Alaska.
After each panel, participants took audience questions.
Former Brookings Expert
President - Goldwyn Global Strategies, LLC
Senior Arctic Official - U.S. Department of State
Director of the School of Policy Studies - Queen’s University (Canada)
Ambassador of Finland to the United States
Director, Center for Northern and Arctic Economies - Council for the Study of Productive Forces
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Brookings Senior Fellow and former U.S. State Department Special Envoy on Climate Todd Stern spoke at the US Climate Action Center, at the COP 24 UN climate negotiations, on the future of the Paris Agreement in Katowice, Poland on December 10, 2018.
[On the U.S. negotiating team at the COP 24 climate negotiations in Katowice, Poland] They work seriously, effectively and knowledgeably. There is only this technical negotiating team, not a political one.
[On the role of the United States in the U.N. climate negotiations at COP 24 in Katowice, Poland] You cannot underestimate the negative impact of the U.S. being on the sidelines. With Obama, the U.S. had credibility. We brought China along. We moved a lot of countries out of their comfort zones. That’s all missing now.