Kolarctic CBC 2014-2020 is a distinguished financing program aimed at fostering cooperation in the Arctic region, specifically between the countries in the North Calotte and northwest Russia. Designed to strengthen cross-border collaboration, Kolarctic CBC provides essential funding for a range of projects that promote shared interests and development in this unique geographic area. With a budget of 63.4 million euros and spanning an extensive land area of 1.2 million square kilometers, the program engages four participating countries and over 2.9 million residents.

Since its inception, Kolarctic CBC has supported various initiatives, including environmental safety programs and online training platforms focused on cross-border cooperation. Noteworthy projects like the "Phenomena of Arctic Nature" seek to showcase the rich natural experiences the Arctic offers. Despite recent geopolitical developments, which have led to the suspension of Russian participation as of March 2022, Kolarctic CBC continues to serve as a vital resource for fostering collaboration and innovation in the region.