Climate change adaptation in Greenland Greenland the melting ice provides more grazing opportunities for farmers. However, there is also apprehension particularly amongst smaller villages that rely on hunting and fishing (primarily Inuit communities), that climate change will contribute to the end of their traditional lifestyles. Although becoming increasingly autonomous, Greenland remains dependent on the Kingdom of Denmark since its colonisation in 1721. In 197], the Home Rule Government was established in Greenland. It gained further rights in 2009, which moved Greenland towards self-rule. The government is financially dependent on Denmark which provides 60% of Greenland's annual budget revenue. One of the country's greatest challenges is
Greenland a tight fiscal policy since the late 1980s, which has helped create surpluses in the public budget and low inflation. Since 1990, Greenland has registered a foreign-trade deficit following the closure of the last remaining lead and zinc mine that year. More recently, new sources of ruby in Greenland have been discovered, promising to bring new industry and a new export from the country. (See Gemstone industry in Greenland). Air transportation exists both within Greenland and between the island and other nations. There is also scheduled boat traffic, but the long distances lead to long travel times and low frequency.