A Doomsday Vault

A Secure seedbank is built on the Norwegian island of Spitsbergen near the town of Longyearbyen in the remote Arctic Svalbard Archipelago. It is offically called 'The Svalbard Global Seed Vault'. The Seed Vault holds duplicate samples, or "spare" copies, of seeds held in genebanks worldwide. The Seed Vault will provide insurance against the loss of seeds in genebanks, as well as a refuge for seeds in the case of large scale regional or global crises. The island of Spitsbergen is about 1,120 kilometres (700 mi) from the North Pole.

It is called Doomsday Vault as It will be designed to withstand global catastrophes like nuclear war or natural disasters that would destroy the planet's sources of food.

The prime ministers of Norway, Sweden, Finland, Denmark, and Iceland participated in a ceremonial "laying of the first stone" on 19 June 2006.

The seedbank is constructed 120 metres (390 ft) inside a sandstone mountain at Svalbard on Spitsbergen Island.[4] The bank employs a number of robust security systems. Seeds are packaged in special four-ply packets and heat sealed to exclude moisture. The facility is managed by the Nordic Genetic Resource Center, though there are no permanent staff on-site.

Spitsbergen was considered ideal due to its lack of tectonic activity and its permafrost, which will aid preservation. The location 130 metres (430 ft) above sea level will ensure that the site remains dry even if the icecaps melt.[4] Locally mined coal provides power for refrigeration units that further cool the seeds to the internationally-recommended standard −18 °C (−0 °F).[5] Even if the equipment fails, at least several weeks will elapse before the temperature rises to the −3 °C (30 °F) of the surrounding sandstone bedrock.[1]

The Svalbard Global Seed Vault opened officially on February 26, 2008.[6] Approximately 1.5 million distinct seed samples of agricultural crops are thought to exist. The variety and volume of seeds stored will depend on the number of countries participating – the facility has a capacity to conserve 4.5 million. The first seeds arrived in January 2008.[7] Five percent of the seeds in the Vault, about 18,000 samples with 500 seeds each, come from the Centre of Genetic Sources, part of Wageningen University, Netherlands.

Source: Svalbard Global Seed Vault - Wiki