The University of Iceland is the leading higher education institution in Iceland and the only that offers undergraduate, Master´s and PhD programs in all major academic disciplines. The University is modern, diverse, and rapidly developing in terms of research and innovation. It cultivates its role as a committed member of society and is regarded as one of the most trusted institutions in the country. The University has a strong reputation in the international scientific community and is well-known for its positive societal impact.

The University of Iceland is the country's oldest and largest university, located in the heart of Reykjavik. Approximately 16,000 students are currently enrolled at the University of Iceland, including over 1,500 international students. The University is made up of five schools and 26 faculties, and it offers over 400 different study programs. The University of Iceland collaborates with major stakeholders of society, promotes Icelandic culture and history, prioritizes sustainability and diversity, and places a strong emphasis on international collaboration in education and research.

The Institute of International Affairs is the coordinator of the project. The Institute was established at the University of Iceland in 1990, and specialises in research on international affairs and Iceland's status globally. Three research centres are under the auspices of the Institute of International Affairs: the Centre for Small State Studies; the Centre for Arctic Studies and Höfði Reykjavík Peace Centre at the University of Iceland.

The role of the Institute of International Affairs (IIA) is to provide education, promote research, and carry out service projects in the field of international relations. It aspires to serve both academic and professional needs and stimulate a general discussion on subjects relating to international affairs. To this end, the Institute plans and carries out research on various subjects and hosts conferences, seminars, and lectures concerning international affairs. It offers various services to both the private and public sector, conducting surveys, writing reports, and carrying out research on a range of topics. It publishes books and papers on international relations and Icelandic foreign affairs.