C2 restricted - External permitted

Arctic Economic Council

@ArcticEcom

C2 restricted - External permitted

Arctic connects 90% of world economy

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20% of natural resources

15% of land

0,05% of population

Economic growth 7-8%

for the forseable future

Rússland

Finnland

Svíþjóð

NoregurÍsland

Grænland

Kanada

Alaska(USA)

The challenge ahead is building infrastructure

C2 restricted - External permitted

Those living inside the circle need the resources which exist in the Arctic

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More peopleliving inside

this circle thanoutside

Two billion people will enter the middle class over the next decade, thereoff 88% will be inside the circle

C2 restricted - External permitted

Map: www.openstreetmap.org; Source for investment potential: Arctic Business Forum Yearbook 2018

European High North:

Investments 2018-2025 & Investment Potential

Investments

2018-2025

76,4 bill €

Investment

potential

162 bill €

Västerbotten 2018-2025 7,8 bill €

Potential10,2 bill €

Norrbotten2018-20254,6 bill €

Potential17,3 bill €

NorthernNorway

2018-2025 27,6 bill €

Potential

60,1 bill €

Lapland2018-2025

8 bill €

Potential16 mrd €

Oulu Region2018-202513,7 bill €

Potential18,9 bill €

Kainuu Region

2018-2025 2,3 bill €

Potential2,7 bill €

Murmansk Region

2018-20256 bill €

Potetial23,5 bill €

Arkhangelsk Region

2018-20256,4 bill €

Potential13,3 bill €

C2 restricted - External permitted

Arctic Investment Protocol

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Build resilient societies through economic development

Respect and include local communities and indigenous peoples

Pursue measures to protect the environment of the Arctic

Practice responsible and transparent business methods

Consult and integrate science and traditional ecological knowledge

Strengthen pan-Arctic collaboration and sharing of best practices