Signal A $666 billion circumpolar economy with 13% of undiscovered oil
Summary
The circumpolar economy reached $666 billion in 2022 with a population of only 10 million, and the region holds significant gold, nickel, cobalt and rare earth reserves alongside an estimated 13% of undiscovered conventional oil and 30% of natural gas.
Classification
Main topicResources, Food & Water
Region menusGlobal
Occurrencescope:transnational · geo_region:europe
Impactscope:global
Time horizon0-3 years (2026-07-25)
Last updated2026-07-29 04:49:53
Evidence 1
- Futures Reimagined: EY Megatrends 2026 and beyond EY (Ernst & Young Global Limited) page=46;section=Megatrend 6: Global resource rush 2026 accessed 2026-07-25
Part of trends 1
- TrendGlobal resource rush8 signals
Directly linked issues 0
No objects.
Relation types: supports
Public id: fm-66d5b879c84f