The U.S. Government has decided to allocate up to 5 million USD to the Arctic Council's environmental projects. The funds will be designated to the Arctic Council's Project Support Instrument (PSI), which is administered by the Nordic Environment Finance Corporation (NEFCO). The deposit of the contributions from the United States and Russia will make the fund operational.

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The first Deputy Ministers’ Meeting under the Swedish Chairmanship was held in Stockholm on Tuesday 15 May. The meeting, hosted by State Secretary for Foreign Affairs Frank Belfrage, was met with great approval.

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The Deputy Ministers' Meeting under the Swedish Chairmanship takes place next week on Tuesday 15 May. The venue is the "Spegelsalen" of the Grand Hotel in downtown Stockholm. Approximately 100 delegates are expected to attend.

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