2030 Finance | June 22, 2017

Global Seed Vault slated for $4.4 million upgrade

The team at


The Arctic vault, which houses almost a million seeds for food crops, is a “food security” investment for the world.

The nine-year-old vault is buried 130 meters inside a mountain and was built to withstand man-made and natural disasters. But unusually warm temperatures this winter sent meltwater flooding into the vault.

The seeds weren’t damaged but the Norwegian government has earmarked the funds to bolster the vault against extreme weather and additional water leakage from permafrost melt.

The seed vault cost $9 million to build.