Arctic Economic Council appoints new Chair

The Arctic Economic Council (AEC) has appointed Inger Johnsen as the new chair of the body. “Due to the war in Ukraine, it will not be business as usual, but we will continue to build up the AEC capacity to facilitate sustainable economic development in the Arctic.”The Arctic Economic Council was a Canadian initiative under its last Arctic Council chairmanship (2013-2015). The AEC was conceived to advise the Arctic Council on business issues. “Focusing on greening the economy in a way that it is a vehicle for sustainable economic growth and social development in the Arctic.”Though a separate body from the Arctic Council, the AEC leadership changes hands in concert with the Arctic Council rotating two-year chairmanship. Norway took over chairmanship of the Arctic Council from Russia on May 11.