A Specialized Guarantee Facility for Industrial Decarbonization: The Case for a Dedicated, Pooled Risk-Sharing Instrument
This blog was originally published on Illuminem, and has been co-authored with Rhian-Mari Thomas. She is the CEO...
Mining, Metals and Resource-based Development
Many of the Sustainable Development Goals (SDGs) will only be achieved if the population has access to basic services, such as access to water, power, transport, and telecommunications. However, in many developing countries there is a lack of infrastructure to guarantee these services and there are insufficient public funds to finance growing needs. In resource-rich countries, the mining sector can play a key role in increasing access to infrastructure. Mining-related infrastructure is often developed to serve the exclusive need of the investors. However, if it is shared and developed to serve broader needs and uses of the host economy, it could fill some of the infrastructure funding gap. In Chapter 13 of the monograph Mining and Sustainable Development: Current Issues, Perrine Toledano and Nicolas Maennling outline how implementing shared use of mining-related infrastructure may contribute to achieving the SDGs.