sharing in governance of extractive industries
More transparency around the data and assumptions used to support employment estimates (direct, indirect and induced) for extractive industry investments is needed. Employment benefits are one of the primary concerns of local communities and when expectations are not met, this can result in disappointment and friction. This handbook aims to contribute to the understanding of how employment multipliers are calculated using the input-output (IO) and computable general…Continue
The sustainable development goals (SDGs) and the Paris Agreement lay out a global consensus on the need to curb human-induced climate change and to achieve sustainable development. These concepts are linked. The urgency of addressing climate change is critical for global efforts to reduce poverty and advance sustainable development, but also climate-change mitigation must be pursued in a manner consistent with ending poverty, promoting economic development, respecting human rights, and…Continue
Technologies currently being deployed in the mining sector will mean that the mines of the future look much different than today’s operations. Among the major changes will be fewer employees, thanks to labor-saving innovations. Yet local employment and employment-related procurement are major drivers of host country benefits, and an important part of the shared-value proposition.
In a joint study by the …
There is a growing sense among natural resource-producing countries that the raw materials should be processed domestically rather than being exported in its unprocessed form. Downstream beneficiation is considered an opportunity to develop the domestic economy by creating jobs, enhancing skills and diversifying the economy. Large incentives are often offered to investors to build ‘first degree’ downstream industries such as steel plants, aluminum smelters or oil refineries. Yet…Continue