An aerial view of the retreating Russell Glacier on Greenland. Getty
An aerial view of the retreating Russell Glacier on Greenland. Getty
An aerial view of the retreating Russell Glacier on Greenland. Getty
An aerial view of the retreating Russell Glacier on Greenland. Getty

Extreme ice melting in Greenland intensifies


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Extreme ice melting events in Greenland have become significantly more frequent and unpredictable over the past 40 years, according to research that places even more significance on this week's climate summit, Cop26.

The findings are based on measurements from the European Space Agency's CryoSat mission. They show that meltwater run-off from the world's largest island has risen 21 per cent during this period and become 60 per cent more erratic every year, increasing sea levels and the risk of flooding worldwide.

Further proof of Greenland's climatic volatility came this August, when rain fell at the highest point on its ice sheet for the first time on record.

Quantifying the extent of the island's polar melt, the 3.5 trillion tonnes of ice that have melted in the past 10 years would cover the entire UK in meltwater 15 metres deep. This volume would also be enough to cover the entire city of New York in meltwater 4,500 metres deep.

“As we’ve seen with other parts of the world, Greenland is also vulnerable to an increase in extreme weather events," said study lead author Dr Thomas Slater, a research fellow in the Centre for Polar Observation and Modelling at the University of Leeds, UK.

“As our climate warms, it’s reasonable to expect that the instances of extreme melting in Greenland will happen more often – observations such as these are an important step in helping us to improve climate models and better predict what will happen this century.”

The global effects of Greenland's ice melt

An intensification of Greenland's ice melt would be cataclysmic.

Between 2011 and 2020, the global sea level rose by one centimetre as a result of meltwater run-off from Greenland, with a third of this rise generated in 2012 and 2019 by dint of two extremely hot summers.

Concomitant with heightened sea levels are heightened risk of flooding; damaged Arctic Ocean marine ecosystems – so vital to the food supply of indigenous communities; and altered planetary weather patterns, namely the extreme weather events that have proliferated in recent years.

It is an inauspicious paradigm, yet Dr Slater sees cause for hope that Greenland ice sheet disintegration will not prove to be a climate tipping point.

"We know that setting and meeting meaningful targets to cut emissions could reduce ice losses from Greenland by a factor of three, and there is still time to achieve this,” he said.

Climate tipping points – in pictures

  • Greenland ice sheet disintegration – Rising temperatures causing the retreat of the ice sheet, which would cause sea levels to rise.
    Greenland ice sheet disintegration – Rising temperatures causing the retreat of the ice sheet, which would cause sea levels to rise.
  • Amazon rainforest dieback – Large-scale dieback of the forest, via increased temperatures and drying, or direct deforestation, would amplify global warming.
    Amazon rainforest dieback – Large-scale dieback of the forest, via increased temperatures and drying, or direct deforestation, would amplify global warming.
  • Permafrost loss – Thawing of carbon-rich soils, which releases greenhouse gas into the atmosphere.
    Permafrost loss – Thawing of carbon-rich soils, which releases greenhouse gas into the atmosphere.
  • Atlantic meridional overturning circulation breakdown – An increased amount of freshwater in the Northern Atlantic disrupting the system of currents.
    Atlantic meridional overturning circulation breakdown – An increased amount of freshwater in the Northern Atlantic disrupting the system of currents.
  • Boreal forest shift – Warming causes dieback in the south of the forests, and expansion into the tundra in the north, which would cause regional warming.
    Boreal forest shift – Warming causes dieback in the south of the forests, and expansion into the tundra in the north, which would cause regional warming.
  • West Antarctic ice sheet disintegration – The melting of major ice sheets would lead to significant increases in sea level.
    West Antarctic ice sheet disintegration – The melting of major ice sheets would lead to significant increases in sea level.
  • West African monsoon shift – A change in the monsoon season would lead to agricultural disruption and effect the ecosystem.
    West African monsoon shift – A change in the monsoon season would lead to agricultural disruption and effect the ecosystem.
  • Indian monsoon shift – An increase in the planetary albedo (increases in the atmospheric brown cloud haze over India) has the capability of switching off the monsoon, which is crucial for the local economy, as well as being important for agriculture.
    Indian monsoon shift – An increase in the planetary albedo (increases in the atmospheric brown cloud haze over India) has the capability of switching off the monsoon, which is crucial for the local economy, as well as being important for agriculture.
  • Coral reef die-off – Exposure to increased sea temperatures can kill off reefs, which has a serious effect on ecosystems and local economies.
    Coral reef die-off – Exposure to increased sea temperatures can kill off reefs, which has a serious effect on ecosystems and local economies.

Knowledge of the likely volume of Greenland ice melt in years come also provides a degree of power.

“Model estimates suggest that the Greenland ice sheet will contribute between about three and 23 centimetres to global sea-level rise by 2100," said study co-author Dr Amber Leeson, senior lecturer in Environmental Data Science at Lancaster University, UK.

“This prediction has a wide range, in part because of uncertainties associated with simulating complex ice-melt processes, including those associated with extreme weather.

"These new spaceborne estimates of run-off will help us to understand these complex ice-melt processes better, improve our ability to model them, and thus enable us to refine our estimates of future sea-level rise.”

A more immediate benefit derived from the study is the discovery that polar-orbiting satellite altimeters can provide real-time estimates of summer ice melt. This will aid the expansion of hydropower in Greenland, as well as Europe's planned Copernicus Sentinel Expansion Cristal mission, which will monitor Earth's vulnerable ice tracts from space in decades to come.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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