Arctic Investment Protocol

The Arctic Investment Protocol, developed by the World Economic Forum's Global Agenda Council on the Arctic, provides a framework for responsible development in the Arctic. It outlines six core principles focusing on societal resilience, the rights of indigenous and local communities, environmental protection, business transparency, the integration of science and traditional knowledge, and pan-Arctic collaboration. The protocol is supported by an appendix of international guidelines from organizations such as the UN, OECD, and the World Bank Group to ensure investments balance economic growth with environmental and social safeguards.

• The protocol advocates for building resilient societies by prioritizing long-term investment and economic diversification to create jobs and skills for residents.
• Investors are urged to respect the rights of indigenous and local peoples, including the development of consultation processes to seek agreement before activities affect traditional practices.
• Environmental protection in the Arctic should be approached holistically, balancing economic benefits with climate goals and using an ecosystem-based management approach.
• The framework requires responsible business conduct, which includes fighting corruption and establishing grievance processes for Arctic stakeholders.
• Investment foundations should integrate rigorous scientific research with traditional and local ecological knowledge for impact assessments.
• The protocol encourages pan-Arctic collaboration and the adoption of common standards through cross-border dialogue and public-private partnerships.

APA

World Economic Forum (2015). Arctic Investment Protocol. http://www3.weforum.org/docs/WEF_Arctic_Investment_Protocol.pdf

Chicago

World Economic Forum. Arctic Investment Protocol. 2015. http://www3.weforum.org/docs/WEF_Arctic_Investment_Protocol.pdf.

Wikipedia

{{cite report |author=World Economic Forum |title=Arctic Investment Protocol |date=December 2015 |url=http://www3.weforum.org/docs/WEF_Arctic_Investment_Protocol.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldeconomicforum2015arctic, author = {{World Economic Forum}}, title = {{Arctic Investment Protocol}}, institution = {World Economic Forum}, year = {2015}, month = dec, url = {http://www3.weforum.org/docs/WEF_Arctic_Investment_Protocol.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }