How Climate Change is Shaping Business in Iceland October 12, 2019 / activist360 / Leave a comment The video is about the Finnafjord in the northeast of Iceland because it represents a broader global challenge. While Iceland as a whole is experiencing the negative effects of climate change stronger than many other nations, this specific region actually aims to profit from the changing climate. From 2021 onwards, the construction of a large container port will begin, which is supposed to turn Iceland into a new hub for international merchant shipping.