Risk and Business continuity management in the Arctic: ArcticRisk

Programme(s): H2020-EU.1.3.2. - Nurturing excellence by means of cross-border and cross-sector mobility

Topic(s): MSCA-IF-2019 - Individual Fellowships

Call for proposal: H2020-MSCA-IF-2019

Funding Scheme: MSCA-IF-EF-ST - Standard EF

Grant agreement ID: 894623

Project description:

Drilling for answers in Greenland

There are many business opportunities spread across the Arctic region, and at the centre of them is Greenland. The EU-funded ArcticRisk project will focus on the multinational enterprises (MNEs) that manage risk and business continuity in the Arctic mining industry. It will use the context of Greenland as a case study. Specifically, the project will examine best practice within the industry and use researchers’ experiences from MNE risk management and business continuity in other resource-rich countries (mainly Norway) and apply these to the Greenlandic context. The aim is to develop an applicable toolset and facilitate research into the consequences of industrialisation of the Arctic. The findings will extend current knowledge on the consequences of the expanding industrialisation of the Arctic and risk management under extreme conditions.

Objective:

The aim of this Fellowship is for the researcher, Dr Jacob Taarup-Esbensen, to develop his professional capacity by engaging in advanced training, develop interdisciplinary skills and disseminate his work through high-impact journals. He will do this through practical experience, courses and high-quality supervision in line with the criteria for a leading independent researcher in the EU. This proposal aims to investigate multinationals (MNEs) management of risk and business continuity in the Arctic mining industry using the context of Greenland as a case. This is done by examining best practice within the industry and using the researchers experiences from MNE risk management and business continuity in other resource-rich countries, primarily Norway, and applying these to the Greenlandic context. The target result will contribute to a field of research, which is currently underdeveloped, provide practitioners with an applicable tool-set and pave the ground for research into the consequences of the industrialisation of the Arctic. The researcher expects to achieve these aims through fieldwork, advanced training, and mentoring in emergency management under arctic conditions, resource economics and sociological approaches to risk management. The ambition is that the research will contribute to our knowledge on the consequences of the expanding industrialisation of the Arctic and risk management under extreme conditions. Upon returning to the University of Stavanger, the researcher will consolidate his knowledge and experience, disseminating his research through advanced training at universities as well as public speaking based on the extensive fieldwork and research done on international business, risk management in the Arctic, effects of globalisation and policy developments in small resource-rich countries.