Greenland’s Mineral Strategy 2020 – 2024
Greenland’s Mineral Strategy 2020 – 2024
Copenhagen Economics have assisted the Mineral Licence and Safety Authority on Greenland’s new Mineral Strategy. The Government of Greenland has now approved Greenland's Mineral Strategy 2020 - 2024, which contains five focus areas. The overall vision of the strategy is to differentiate the economy, create new jobs, skills and business for existing enterprises and contribute with revenue to the treasury and contribute to the economic development to the benefit of all of Greenland.
The five focus areas of the strategy are:
Improved sharing of geological knowledge
Efficient, predictable and transparent administration
Simplified transition from exploration to exploitation
Sustainable development of the mineral resources industry
Competitive tax and royalty model
Each focus area is divided into objectives and hands-on initiatives enabling implementation and ultimately evaluation of the strategy.
The study is commissioned by the Government of Greenland.
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