Arctic - Natural Resources

Natural Resources

See also: Natural resources of the Arctic and Petroleum exploration in the Arctic

The Arctic includes sizable natural resources (oil, gas, minerals, fresh water, fish and if the subarctic is included, forest) to which modern technology and the economic opening up of Russia have given significant new opportunities. The interest of the tourism industry is also on the increase.

The Arctic is one of the last and most extensive continuous wilderness areas in the world, and its significance in preserving biodiversity and genotypes is considerable. The increasing presence of humans fragments vital habitats. The Arctic is particularly susceptible to the abrasion of groundcover and to the disturbance of the rare reproduction places of the animals that are characteristic to the region. The Arctic also holds 1/5 of the Earth's water supply.

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