This global partnership initiative aims to enhance the contribution of the mining, metals, oil and gas (extractives) sectors to the 2030 Agenda for Sustainable Development and the Sustainable Development Goals (SDGs). Extractives, done right, can help society achieve the SDGs, and contribute to community health, well-being and prosperity. This global partnership initiative will be led by UNDP on the Forum platform, with the support of the Columbia Centre for Sustainable Investment and UN Sustainable Development Solutions Network. The initiative builds on the findings the joint report, <i>Mapping Mining to the Sustainable Development Goals: An Atlas<i>, to facilitate ongoing dialogue and action across sectors and within nation states.
The partners will achieve this by:
- Convening global public-private partnership fora to assess progress, and stimulate innovation and knowledge sharing (started in 2016)
- Improving access to good practice knowledge and approaches on how the sectors can best enhance positive contributions and mitigate negative impacts on the SDGs
- Facilitating country- and project-level multistakeholder dialogue and partnership platforms in resource-rich nations, building on the Forum's Responsible Mineral Development Initiative (RMDI)
- Identifying additional analytical tools to help determine sustainability priorities and measure the sectors’ contribution to the goals
The Sustainable Development Goals have set a clear pathway for the development agenda to 2030. They are ambitious and aspirational and have clearly articulated that the private sector has a critical role to play in collaboration with governments and others. The extractive sectors (mining, metals, oil and gas) currently operate in some of the most remote, poorest and fragile areas of the world, employ millions of people and generate vast revenues from resource rents. With responsible governance and enhanced multi-stakeholder collaboration and action, these sectors can be a critical catalyst for regional and national development. Leveraging this potential could critically unlock progress towards the SDGs for many resource rich nations. At the same time, extractive industries are often associated with the 'resource curse' experiencing higher poverty rates, worsening inequalities, environmental degradation , displacement, conflict and violence as well as corruption.Critical to unlocking the transformational potential is a systems and consortium approach. The overarching goal of this initiative therefore is to enhance sustainable development outcomes of extractive industries activities, strengthen inclusive and collaborative governance and create shared value for all stakeholders.
The initiative will be based on a consortium approach led by UNDP on the Forum platform, with partnership commitment from UNSDSN and CCSI. Additional partners will be engaged and currently there is very strong interest from partners such as Anglo American and potentials such as BHP Billiton, and countries such as Mozambique and Peru. In addition, UNECLAC have committed to host RMDI for Latin America to facilitate national dialogues and action. Argentina has committed to be the first implement in-country in the region.