I recently spoke with Jonathan Roth, founder of ResourceWars.com and a veteran of capital markets, who highlighted an increasingly urgent issue: the Arctic.

As polar ice caps melt, new opportunities — and risks — are emerging in this increasingly contested region. Nations such as the United States, Russia and China are jockeying for influence, not only to access the Arctic’s vast natural resources but also to secure strategic military and trading advantages.

Greenland, in particular, is shaping up to be a geopolitical hot spot, and it’s no wonder that President Trump has repeated his interest in acquiring the island.

During our conversation, Roth emphasized the Arctic’s immense resource wealth. The region is home to some of the world’s largest untapped reserves of natural resources. A 2008 study by the U.S. Geological Survey says the Arctic holds 1,670 trillion cubic feet of natural gas and other fuels — equivalent to Russia’s entire oil reserves