Arctic Innovation Equation: A Formula for Success?

By Misha Radkevitch June 8, 2023

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What are the business opportunities in the Arctic? The Arctic has fish to feed the world, renewable energy, and resources to power up the green transition.

“Arctic is not automatically a place of economic opportunities because of the resources. The value of the water to produce energy and the rocks in the ground are only worth something with human creative and innovative ideas to make value from them,” says AEC Executive Director Mads Qvist Frederiksen in a 7 min pitch about some of the most successful business projects within sustainable development.

A full video recording was made at the High North Dialogue 2023 in Bodø, Norway.

This article was produced by the Arctic Economic Council.

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