{"id":653112,"date":"2024-02-27T05:30:23","date_gmt":"2024-02-27T13:30:23","guid":{"rendered":"https:\/\/www.esri.com\/about\/newsroom\/?post_type=wherenext&p=653112"},"modified":"2024-02-27T05:30:23","modified_gmt":"2024-02-27T13:30:23","slug":"the-arctic-opportunities","status":"publish","type":"wherenext","link":"https:\/\/www.esri.com\/about\/newsroom\/publications\/wherenext\/the-arctic-opportunities","title":{"rendered":"Anticipating the Arctic \u201cCold Rush\u201d"},"author":501,"featured_media":0,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"sync_status":"","episode_type":"","audio_file":"","castos_file_data":"","podmotor_file_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_links_to":"","_links_to_target":""},"categories":[],"tags":[295082,275892,22782,277272,288522],"department":[476812],"wherenext-category":[],"industry":[],"class_list":["post-653112","wherenext","type-wherenext","status-publish","format-standard","hentry","tag-mining","tag-risk-management","tag-shipping","tag-telecom","tag-tourism","department-business-growth"],"acf":{"short_description":"For leaders considering opportunities in the Arctic, maps capture a full picture of risks and rewards in safety, sustainability, and more. ","pdf":{"host_remotely":false,"file":"","file_url":""},"flexible_content":[{"acf_fc_layout":"content","content":"For much of human history, the Arctic has been a forbidding place, encompassing 15 percent of the planet\u2019s land, yet only 0.05 percent of Earth\u2019s population<\/a>. Temperatures dip as low as -90 degrees Fahrenheit. The Polar Night<\/a> drapes the region in darkness for 2.5 months every year."},{"acf_fc_layout":"sidebar","layout":"standard","image_reference":null,"image_reference_figure":"","spotlight_image":null,"section_title":"","spotlight_name":"","position":"Left","content":"Snapshot:<\/strong> As countries and companies look to explore the Arctic responsibly, they will need location data and analysis to guide them.","snippet":""},{"acf_fc_layout":"content","content":"Yet as climate change transforms this frozen region, potentially freeing Arctic waters of ice in summer months by the next decade, economic opportunity in the far North beckons. With $1 trillion in investments anticipated in the Arctic<\/a> in coming years, interest from business executives in oil and gas, mining, tourism, transportation, and telecommunications has led some analysts to predict a \u201ccold rush<\/a>.\u201d\r\n\r\nAs companies navigate the promise and the perils of the Arctic, they will need a keen geographic approach to analyze a multitude of risks and balance commercial prospects with the sustainability of ecosystems and indigenous communities.\r\n\r\nExploration of any area calls for maps. As knowledge about Arctic lands increases, smart maps will integrate layers of information\u2014weather patterns, transportation routes, satellite imagery of conservation zones\u2014that will be indispensable to those who pioneer opportunities in polar regions.\r\n