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The Arctic is experiencing considerable physical and geopolitical change affecting states, Indigenous peoples and various stakeholders. Private sector actors are also affected by climate change, geopolitical developments and economic trends in the Arctic, although the impacts on and potential governance role of the private sector in securing safety and stability in the Arctic are often neglected in policy analyses.

How can the private sector contribute to a safe and stable Arctic?

Summary:

• The Arctic is experiencing considerable physical and geopolitical change affecting states, Indigenous peoples and various stakeholders.

• Private sector actors are also affected by climate change, geopolitical developments and economic trends in the Arctic, although the impacts on and potential governance role of the private sector in securing safety and stability in the Arctic are often neglected in policy analyses.

• This policy note outlines key stressors in the region and gives recommendations as to how the private sector can
contribute to a safe and stable Arctic by supporting governance and sharing knowledge.

  • Published year: 2025
  • Language: English
  • Journal: NUPI Policy Brief