21, Feb 2020, EST.
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Economic Indicator: Climate and Environment (climate, environmental issues, environmental agreements, natural hazards)
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Detailed Analysis for Year: 2015
Full Dataset: from 1993 to 2014
Dataset updated: 17th March 2015
Data Source: CIA Factbook
National or Regional Currency: Icelandic Kr
Currency Symbol: ISK
Climate: temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers
Natural Hazards: earthquakes and volcanic activity ; volcanism: Iceland, situated on top of a hotspot, experiences severe volcanic activity; Eyjafjallajokull (elev. 1,666 m) erupted in 2010, sending ash high into the atmosphere and seriously disrupting European air traffic; scientists continue to monitor nearby Katla (elev. 1,512 m), which has a high probability of eruption in the very near future, potentially disrupting air traffic; Grimsvoetn and Hekla are Iceland's most active volcanoes; other historically active volcanoes include Askja, Bardarbunga, Brennisteinsfjoll, Esjufjoll, Hengill, Krafla, Krisuvik, Kverkfjoll, Oraefajokull, Reykjanes, Torfajokull, and Vestmannaeyjar
Environment - Current Issues: water pollution from fertilizer runoff; inadequate wastewater treatment
Environment - International Agreements: party to: Air Pollution, Air Pollution-Persistent Organic Pollutants, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Kyoto Protocol, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Transboundary Air Pollution, Wetlands, Whaling ; signed, but not ratified: Environmental Modification, Marine Life Conservation