Arctic shows where climate change is headed, say experts

"It's an indication of what is going to happen to the rest of the world," said polar explorer Ann Daniels, describing flooding and changing weather patterns.

"It's climate change throughout our globe and we are all connected. So for me, expedition has become about trying to understand what's happening to the Earth rather than trying to discover the geography of it."

Daniels' comments were echoed by Ilarion Mercurieff, the president of the Global Center for Indigenous Leadership and Lifeways.

"We have to understand that everything is connected and that we cannot solve the problems by addressing one issue alone. And climate crisis is a symptom, not the cause."

Neil Roberts, Head of Marine and Aviation at Lloyd's of London Market Association, said that when it came to commercial development, the arctic for general cover was "off the table."

"It's still a difficult proposition commercially. And it's insurers' role is to support commerce... We will only support commerce where it makes sense to do so."