sharing in governance of extractive industries
New research by the IGF and the Organisation for Economic Co-operation and Development (OECD) has found that many resource-rich developing countries use tax incentives in the hope of attracting mining investment. Roughly two thirds of the countries surveyed give corporate income tax concessions to mining investors either in the law or in mining contracts, or, in many cases, in both. Slightly less than half grant a complete tax-free period (“tax holiday”), wiping out the entire tax base for…Continue
A new study from the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) and International Institute for Sustainable Development (IISD) highlights how multistakeholder, market-based voluntary sustainability initiatives (VSIs) can promote more sustainable production practices, often at the global level.
The report highlights environmental, social and…Continue
Mining provides vital commodities for a wide range of products and services and has done so through the centuries. But mining also contributes to many of the challenges that the current Sustainable Development Goals (SDGs) are trying to address – environmental degradation, water scarcity, negative impacts on human rights, displacement of populations, worsening economic and social inequality, armed conflicts, gender inequality and gender-based violence, tax evasion and corruption, and…Continue
Partnership and collaboration are often used interchangeably, but they really mean different things. Collaboration is simply working together, while partnership infers a closer, less transactional engagement between the parties—although, in most instances, this relationship is not strictly defined.
It is not just semantics: ever since the …Continue