WORK PROGRAMS
Mining: Partnerships for Development
This global initiative seeks to enhance mining’s contribution to development and poverty reduction through multi-stakeholder partnerships.
ICMM member companies have committed to seek partnership across six priority areas:
- poverty reduction,
- revenue management,
- regional development planning,
- local content,
- social investment and
- dispute resolution.
Background
Mining: Partnerships for Development builds on ICMM's research-focused initiative in this area: the Resource Endowment initiative. This respected, research-focused project, conducted partly in collaboration with UNCTAD and the World Bank, was started by ICMM in 2004 to deepen understanding of ways to enhance mining’s socio-economic contribution.
ICMM research has identified 41 economies which currently or in recent decades have relied significantly on mining. Many of these are developing countries with high poverty levels. However, while some still suffer from the so-called “resource curse”, others have been able to prove that this curse is not inevitable.
After five years of research, the Resource Endowment initiative has found that multi-stakeholder partnerships can be a powerful way to overcome development challenges and maximise mining's positive impacts, avoiding the “resource curse”.
Core elements
Mining: Partnerships for Development comprises three core elements:
A commitment by ICMM corporate members to seek partnerships across the six priority areas. See the Position Statement.
A call to other stakeholders to collaborate with ICMM members in this respect and to state their support for the initiative
Support for the initiative from ICMM, including assisting implementation by members and collating and communicating best practice partnerships. As an initial step ICMM has undertaken a mapping of current partnerships and is also developing a toolkit for implementation which will be published later this year.
Since 2004 the initative has conducted internationally-recognized research.
It has established that multi-stakeholder partnerships are key to enhancing mining’s economic contribution.
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