Arctic Yearbook 2014 - Page 467

467 Arctic Yearbook 2014 issues. History teaches us that the scale of foreseen Arctic commercialization and resource development will likely create security challenges that the present arrangements for Arctic governance will not be able to handle. Adding to this is the accelerating climate change and its many unknown consequence that will make the future challenges even more complicated. Indeed, there are already signs of fragmentation surfacing in the region. The five Arctic “coastal” states have carved out