Extractive energy and arctic communities

Abstract

This chapter offers a review of the current policy framework for extractive energy engagement with Arctic communities. It reviews the roles of actors and policies that shape industry-community engagements, including policies and frameworks developed by the Arctic Council and its working groups, Arctic states, and non-governmental organization (NGOs). This is followed by a discussion of risks posed to Arctic residents and current strategies for risk mitigation, including environmental impact assessment and impact and benefit agreements. The chapter concludes with a consideration of the need to diversify regional and local economies in the Arctic, particularly in light of climate change and the global transition to renewable energy.