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The president of Iceland has announced that the country plans to set up a national wealth fund to safeguard revenue from potential oil discoveries as it opens up to exploration.
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St. Petersburg in Russia celebrates Arctic Days in December where the highlight is the conference "Electronic Memory of the Arctic – cultural communications of the circumpolar world".
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The Arctic Report Cards produced by the National Oceanic and Atmospheric Administration (NOAA) are a source of reliable and brief information on the current state of the Arctic environment. The Arctic Council working groups CAFF and AMAP supported work on the 2012 Report Cards, which detail dramatic changes in the Arctic with record losses of sea ice and late spring snow.
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The Norwegian government is looking into the possibility of using Svalbard for oil and gas infrastructure. The unique nature of Svalbard has until now been thought to fragile for any kind of petroleum work.
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At the UN Climate Change Conference in Doha, Qatar (COP18/CMP8), governments have taken the next essential step in the global response to climate change.
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Today, 6th of December 2012, the AMATII workshop (Arctic Transportation Infrastructure Response and Capacity and Sustainable Development in the Arctic) that for the past week has been taking place in the capital city of Iceland, comes to an end.
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The third day of AMATII workshop takes place today in capital city of Iceland, Reykjavik. After small – group meetings that have been going on since Monday afternoon, specialists were able to define the lacking infrastructure among the Arctic states.
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The first International Conference on Public Policy will be held in France in the summer of 2013. It is calling for abstracts for this interesting conference entitled Perspectives on public policies in the Arctic region.
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Today, the 4th of December, Arctic Transportation Infrastructure Response and Capacity and Sustainable Development in the Arctic workshop brings together aviation and maritime specialists from eight Arctic states in order to discuss gaps in infrastructure around the remote Arctic.
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The National Energy Authority of Iceland (NEA) has today finished processing two applications for licences for exploration and production of hydrocarbons in the Dreki Area. The Ministry of Petroleum and Energy in Norway has today, 3 December 2012, notified NEA of their decision to participate in both licences to a 25 % share in accordance with the agreement between Iceland and Norway.
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Monday, 3rd of December 2012 the workshop on Arctic Transportation Infrastructure Response and Capacity and Sustainable Development in the Arctic starts today in Hotel Natura in the capital city of Iceland – Reykjavik.
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Leading researches and experts, politicians, representatives from business and authorities are attending the conference "Cooperation in the Barents Euro-Arctic Region in the field of education and research as a resource for regional development".