Submission Form: Best Practices in line with Arctic Investment Protocol – Guidelines for Responsible Investment in the Arctic

In 2015, the World Economic Forum’s (WEF) Global Agenda Council on the Arctic published an Arctic Investment Protocol (AIP)  with an intention to start a discussion and build a coalition around responsible investments in the Arctic. While the World Economic Forum’s Global Agenda Council on the Arctic ceased to exist in 2016, the World Economic Forum wanted to see the work on the Arctic Investment Protocoltaken forward. The AEC decided to endorse the intent of the Arctic Investment Protocol at its Annual Meeting in 2017, and the Arctic Investment Protocol was transferred to the AEC in 2018.

The AEC’s Working Group on Investments and Infrastructure (IIWG) has since then worked actively with principles related to responsible investments in the Arctic based on the Arctic Investment Protocol (IIWG’s mandate is available on the AEC website.

Based on consultations conducted by the group, concrete cases and examples of best practices are deemed very valuable to make the six principles of the Arctic Investment Protocol more tangible. Developing the AIP to make it more practically applicable was also one of the recommendations in the analysis “Business financing in the Arctic” (2018). Therefore, the IIWG proposes to strengthen the Arctic Investment Protocol by creating an annex that lists best practices and practical examples of how to implement these six principles.

The AEC Working Group on Investments & Infrastructure invites stakeholders to give input and concrete examples of best practices to achieve sustainable investments in the Arctic and elsewhere. These examples will be incorporated into the Arctic Investment Protocol annex listing best practices. The examples can be provided by filling in this submission form.

Please note that by submitting this information you consent to making the information public.