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Response to IGF/ATAF's Future of Resource Taxation Project

31 January 2023

In 2020, the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) partnered with the African Tax Administration Forum (ATAF) to launch its 'Future of Resource Taxation' project.

The project aims to rethink how developing countries benefit financially from their mineral resources by crowd-sourcing policy ideas and innovative approaches to fiscal regime design and administration for the mining sector from governments, civil society, and industry. ICMM provided comment on the  10 policy papers which were released for public consultation at the IGF’s 2022 AGM. In our response, we encouraged ideas that create the conditions for successful and responsible mining operations that can generate shared value for host communities, regions and nations. We reinforced our support for the tax elements of IGF’s Mining Policy Framework and recommended that the policy proposals put forward under the Future of Resource Taxation should reference and be assessed against this framework by governments seeking to explore them. We welcome a range of options being considered by countries seeking to exploit their resources so long as this is provided with vital context that helps them determine the potential risks, rewards, costs and benefits of these options, including on investment decision making. 

ICMM's submission to the consultation can be found here.