Responsible Resource Development Working Group
The Arctic Economic Council’s Responsible Resource Development (RRD) Working Group is focused on providing the necessary framework for responsible resource exploration and development in the Arctic.
What are our business development themes?
- Identifying opportunities for resource development in the Arctic
- Highlight potential barriers to development
- Explore alternatives for financing Arctic development
- Risk management and sustainability for Arctic projects
- Local benefits from development
- Human capital component
- Sources of data and alternatives for sharing data regulatory aspects to consider with Arctic development projects
- Infrastructure needs for development
How do we work?
The Arctic Economic Council’s Responsible Resource Development Working Group is focused on providing the necessary framework for responsible resource exploration and development in the Arctic.
The Responsible Resource Development Working Group worked to identify challenges and healthy investment factors regarding Arctic resource development. The first phase of the work culminated in a report that assists with evaluating the potential impacts of development in the Arctic region. The deliverable provides best practices and a framework for business conduct that is harmonious with indigenous residents and communities across the Arctic area. The report was published at the AEC Annual Meeting in Rovaniemi, Finland in 2019.
Co-chairs: Lillian Hvatum-Brewster, Vice President, Indigenous Stewardship, ATCO and Lori Davey, Vice President, Enterprise Markets, GCI.
