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Arctic opening: Opportunity and risk in the High North / Charles Emmerson, et al. Lloyd’s ; Chatham House, 2012, 60 p.http://www.chathamhouse.org/sites/default/files/public/Research/Energy,%20Environment%20and%20Development/0412arctic.pdfThis report explores how the rapidly changing Arctic environment is creating both opportunities and risks for businesses operating in Arctic region.Contents :Introduction: Change, uncertainty and risk in the Arctic1. Geography transformed: Environmental change and the Arctic1.1 Arctic climate change: Global early-warning1.2 Sea ice retreat: More than me ets the eye1.3 Ecosystems on the edge1.4 New access, new vulnerabilities2. Opportunity and uncertainty: Charting the Arctic’s economic and political future2.1 Arctic mineral resources2.1.1 Arctic oil and gas2.1.2 Mining2.2 Fisheries2.3 Shipping and logistics2.4 Arctic tourism2.5 Arctic politics2.5.1 Who owns what? Who controls what?2.5.2 The geopolitics of Arctic energy2.5.3 Arctic governance3. Assessing and managing Arctic risks3.1 Operational risk factors3.2 Risks to the environment3.3 Whose liability? Which liability regime?3.4 Political and reputational risk factors3.5 Managing risk3.5.1 Risk governance3.5.2 Risk mitigation3.5.3 The role of risk transfer