While Arctic ice may fully melt by 2040, Far North Fiber views this as a door to install internet cables in the region; capitalizing on the climate disaster and the global surge in internet usage.
Navigating daily life without encountering the internet is challenging. From smartphones to digital billboards, the digital realm pervades every aspect of our lives.
With its usage surging during the pandemic, just over 5 billion globally have internet access today β thatβs about 66% of the worldβs population and this number is only expected to increase by another two billion by 2029.
You may not be aware, however, that submarine cables are why global connectivity through the internet is possible. Approximately, over 90% of the worldβs telecommunications traffic is made possible through these cables that are laid in depths of over 8,000 meters.
As internet usage increases, the demand for undersea cables is rising, with bandwidth growth projected at 30% to 50% annually from 2021 to 2028. This has led to significant investments in new cable infrastructure throughout our oceans β including the Arctic. Among these, the EU-backed Far North Fiber plan is the most ambitious.
The Arctic ice sheet
NASA estimates the Arctic ice sheet is shrinking by 13% per decade, potentially leading to ice-free summers by 2040. Melting glaciers are linked to rising sea levels, with the Greenland ice sheet alone capable of raising sea levels by 20 feet if fully melted.
Since the late 1970s, satellite records show that Arctic sea ice has decreased by over 2 million square kilometers, with the ice becoming thinner and the melting season lengthening. The Intergovernmental Panel on Climate Change predicts that before September 2050, Arctic ice may shrink to less than 1 million square kilometers.
The albedo effect drives ice reduction by exposing darker ocean water that absorbs more solar energy, accelerating warming and ice melt. This positive feedback loop has significantly lowered the Arctic’s surface albedo, with temperatures in the region rising nearly three times faster than the global average since the 1980s.