Amid growing recognition for the role of global conservation initiatives in protecting biodiversity and mitigating climate change impacts, the interest in Indigenous-led and Indigenous-centered conservation in the circumpolar Arctic is also on the rise. Through literature and practice, Indigenous communities in the Arctic are shaping the global discourse around conservation approaches, mechanisms, and strategies and challenging colonial conceptions of how lands, waters, and species should be used, managed, and protected. Indigenous approaches, mechanisms, and strategies often differ from those found in the global conservation toolbox and rather focus on local priorities, Indigenous knowledge, traditional practices, sovereignty, and self-determination. Direction on how conservation should evolve and overcome challenges and related burdens is best given by Indigenous communities, scholars, organizations, and governments. Valuing Indigenous knowledge and supporting community-level initiatives, strategies, and practices comes with the benefits of understanding, forwarding, and implementing community priorities, needs, and values through attention and focus on funding, Indigenous-led research and management, and mutual mentorship. In addition to benefiting conservation itself, biodiversity research conducted within Indigenous homelands has the opportunity to serve as a model for how regional, national, and international initiatives best engage with Indigenous knowledge, conservation practice, and policy development in the Arctic and beyond.