The AEC’s work is driven by Working Groups who are action-oriented and focus on solutions that drive Arctic business forward in a responsible and sustainable manner. The scope of work for the Working Groups as well as principles for establishing a Working Group were decided by the Arctic Economic Council representatives at the first meeting in Iqaluit, Canada, September 2014. There are currently five ongoing Working Groups:
The Working Group on Infrastructure: Maritime Transportation will examine issues and opportunities associated with shipping in the Arctic.
The Working Group on Responsible Resource Development aims to provide the necessary framework for responsible resource exploration and development. The goals are centered around development taking place in a responsible, sustainable and cooperative manner which also contributes to the regional economic growth of the Arctic.
The Working Group on Connectivity is a continuation of the Working Group on Infrastructure: Telecommunication.
This Working Group presented its deliverable in January 2017, a report titled “Arctic Broadband. Recommendations for an Interconnected Arctic” : Read it here.
The Working Group on Energy provides simple, balanced information to key stakeholders regarding the context, opportunities and challenges for use of Arctic energy resources.
The Working Group on Investments & Infrastructure (IIWG) will focus its work on the principles related to responsible investments in the Arctic. This work will build upon the foundation of the Arctic Investment Protocol (AIP).
The mission of the Arctic Economic Council is to facilitate sustainable Arctic economic and business development. The Arctic Economic Council is open to corporations, partnerships and indigenous groups that have an economic interest in the Arctic.
- Kingdom of Denmark
- Russian Federation
- United States of America
- Aleut International Association (AIA)
- Saami Council
- Arctic Athabaskan Council (AAC)
- Gwich'in Council International (GCI)
- Inuit Circumpolar Council (ICC)
- Russian Association of Indigenous Peoples of the North (RAIPON)