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This new IGF guidance document aims to help resource-rich countries find more sustainable and inclusive economic solutions, fostering stronger linkages between mineral resources and the rest of the economy.
A new toolkit developed by the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) aims to help resource-rich countries find more sustainable and inclusive economic solutions, fostering stronger linkages between mineral resources and the rest of the economy.
The IGF Guidance for Governments focuses on mining sector local content policies—a suite of policies aimed at leveraging mining investment to, for example, increase local employment, boost mining companies’ local purchases, and foster entrepreneurs in non-mining sectors. It aims to help resource-rich countries move away from commodity dependency and diversify their economic base. Local content policies are being increasingly used, particularly as governments review or revise their mining and investment codes and contracts..
The guidance document also covers three cross-cutting themes: ensuring goals are achieved in a gender-equitable way; exploring the relationship between local content policies and countries’ obligations under trade and investment law; and exploring the implications of technological advances on the success of local content policies.
Downstream linkages
Direct employment
National capacity
Horizonal linkages
Upstream linkages
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