Around 10 % of Norway’s population live north of the Arctic Circle. People have harvested resources in the north for thousands of years. The Arctic is rich in minerals, oil and gas, and fish and seafood. Research on climate change and marine biology is paving the way for new businesses. Finding a good balance between conservation and sustainable use is a top priority. We will encourage global cooperation based on scientific knowledge and international law.
- safeguard peace and stability and provide predictability
- find a good balance between conservation and sustainable use through sound resource management
- promote international cooperation and the international legal order
- increase employment, value creation and welfare in the region
Shipping in Arctic waters
80 % of shipping in the Arctic passes through Norwegian waters. The Polar Code came into force on 1 January 2017 and sets strict requirements for shipping in Arctic waters.
Oil and gas resources in the Arctic
According to the US Geological Society, a fifth of the world’s undiscovered oil and gas resources may be in the Arctic.
- maintaining a presence in northern seas to exercise sovereignty and authority and for monitoring and emergency preparedness and response
- managing resources on the basis of scientific knowledge
- promoting compliance with the law of the sea and strengthening the position of the Arctic Council
- investing in seed money funds, research, infrastructure, innovation and technology development
The eight Arctic countries are members of the Arctic Council and 12 non-Arctic states are observers. The Arctic Council is the only circumpolar cooperation forum for Arctic issues at government level.
Norwegian satellites gather data that is vital for management of resources and the environment and for maritime safety in the north. They are also important for innovative research and industry in Svalbard.
Both Canada and Norway are Arctic costal states and thus prone to the major changes taking place in the region. Melting polar ice pose challenges such as increasing commercial activities, security and preparedness, as well as environmental concerns. To meet these challenges in a responsible matter, the two countries collaborate closely within the framework of the Arctic Council and the International Maritime Organization (IMO).
In addition, Canada and Norway hold regularly bilateral Northern Dialogues to discuss Artic issues such as climate change and resource management. Both countries have nationals living in the Arctic region, and thus considers it important to promote sustainable development, economically and socially, for their inhabitants. Protection of the cultural heritage of the indigenous peoples in the region is considered as a priority. The Arctic is highlighted as a key strategic priority area in both Canadian and Norwegian foreign policy strategies.