The New Economic Potential of the Arctic

The aim of this Bachelor's thesis is to focus on the economic development of the Arctic region. It analyzes the natural conditions of the Arctic, the reasons and the consequences of the climate changes and their impact on potential economic development. It also describes the regional organization Arctic Council. In the next part the particular sections are presented: the production of oil and natural gas, arctic mining, shipping, fishing and tourism. In the last chapter results of an interview with a British geologist working at Danish climate center are brought up