could soon spill over into a conflict among the world’s most powerful militaries, according to a report published on Wednesday by Swiss Re AG.
This development has strategic implications for Russia, the United States and other members of the North American Treaty Organisation, which are building up their defence capabilities following Vladimir Putin’s February 2022 invasion of Ukraine. The report identified the melting polar permafrost and its strategic implications among its list of 13 new risks confronting the planet.
For the past 26 years, international coordination of the Arctic circle has been governed by the eight members of the Arctic Council – Norway, Sweden, Finland, Russia, the US, Canada, Denmark and Iceland.
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