From the archives: The Outrageous Scheme to Capture and Sell Greenland’s Meltwater.
A startup says shipping meltwater from Greenland’s glaciers internationally will boost the local economy and could help ease water pressures in arid regions—but what does that actually mean for the world?
Fresh water is becoming increasingly scarce in many countries, but not in Greenland. Its ice sheet contains around 6.5 percent of the world’s fresh water, and over 350 trillion liters are estimated to run into the ocean annually. And with climate change accelerating Arctic melting, more and more of Greenland’s water is set to flow off the island every year.
In some places facing water shortages, those very same water molecules are potentially being taken from the sea and turned back into fresh water using desalination, at large electrical and financial cost. This has inspired a startup to pursue an unusual and ambitious business venture that has been partially approved by the Greenland government—harvesting glacier meltwater and shipping it abroad.
“We have one of the world’s finest resources in this area and plenty of it, and we want to push that message out to investors and potential markets,” says Naaja H. Nathanielsen, Greenland’s minister for business and trade.
