What is the concept of Arctic governance?

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What is the concept of Arctic governance?

The concept of Arctic governance refers to the management and coordination of political, economic, and environmental affairs in the Arctic region. It involves the cooperation and decision-making processes among Arctic states, indigenous communities, and other stakeholders to address various issues such as territorial disputes, resource exploitation, climate change, and environmental protection. Arctic governance aims to ensure sustainable development, peaceful cooperation, and the preservation of the unique Arctic ecosystem.