The Russian navy confirmed on Wednesday the discovery of new islands in their Arctic waters that have emerged as the glaciers around them melted. And yesterday, a group of corporations led by Nike and the conservation group Ocean Conservancy announced the launch of the Arctic Shipping Corporate Pledge under which they agree not to intentionally ship goods through the Arctic shipping routes that are opening up as a result of the same melting.
Why This Matters: This is why the Arctic Shipping Pledge could not come at a better time — when the pressure to increase shipping there, with associated ice risks and pollution, is increasing. Adopting the “precautionary principle” with shipping in the Arctic is the best thing to do, and is consistent with an international agreement banning commercial fishing in the high Arctic that is already in place.
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