Chair, IGF Executive Committee
It’s a step-by-step process and we are not there yet. By sharing experiences and ideas, we are working towards an understanding of how to ensure that the benefits of mining are shared not just by shareholders but by all stakeholders.
The Mining Policy Framework is a fantastic tool that can help governments achieve their goals by strengthening policies and institutions. I am very much looking forward to seeing how an upcoming MPF Assessment will help Suriname, and I encourage members to request this valuable service.
IGF is also working on guidance documents that will help members expand their understanding of mining finance, such as how best to structure royalty agreements, and how to best manage the challenges and leverage the opportunities of Artisanal and Small-Scale Mining (ASM).
The leadership and expertise provided by the International Institute for Sustainable Development (IISD) will allow IGF to help members address one of the deepest challenges in mining today: good governance. Strong institutions are critical for achieving sustainable development.
Mining can be a force for good. Industry can help. But it is up to government to direct that force to the correct ends.
I hope—no, I am convinced—that we can work together in the coming years to further strengthen IGF and ensure that this movement we have built—to work together to advance sustainable mining—is here for generations to come.