Social progress in mining-dependent countries

Social progress in mining-dependent countries

Social progress in mining-dependent countries: Analysing the role of resource governance in delivering the UN SDGs

In 2018, the International Council on Mining and Metals (ICMM) released ‘Social Progress in Mining-Dependent Countries: Analysis through the lens of the UN Sustainable Development Goals (SDGs)’. The report examined trends across a broad set of established and widely accepted socio-economic indicators in countries with a sustained history of mineral dependence. This report updates and extends ICMM’s 2018 analysis to further explore how socio-economic development has progressed in those countries that are most dependent on mining, and the extent to which mineral resource governance has an influence on outcomes.

Based on 41 social metrics grouped under 12 relevant United Nations Sustainable Development Goals (SDGs), the report finds that across three quarters of these metrics, there has been significant progress made on socio-economic development. The biggest relative improvements were made in Bolivia, Botswana, Indonesia, Ghana, and Peru. Most mining-dependent countries continue to close the socio-economic performance gap with non-resource-dependent countries. This represents a counterpoint to the ‘resource curse’ – a widely held perception that mining is likely to impede the economic and social progress of host populations. However, governance matters. The research strongly suggests that the higher the quality of governance, the stronger the socio-economic progress observed. While many mining-dependent countries have invested time and effort in adopting clear and modern legislative frameworks, actual implementation is proving more challenging. Countries that are more peaceful, have lower levels of corruption, and a vocal and active civil society with sufficient civic space are better able to translate natural resources into social progress.

Read the full report by clicking on the button below. This report was further covered on several media platforms including YouTubeNS EnergyMining WeeklyInternational Mining

More

Related Articles

AI for All in Thailand: Building an AI-ready economy with Google

AI for All in Thailand: Building an AI-ready economy with Google

อ่านบทความนี้เป็นภาษาไทย A doctor in Bangkok analyzes medical images with AI, leading to a faster, more accurate diagnosis for her patient....

19 Dec 2024 AI Policy Lab
Transforming Trade: Cross-border E-commerce Trends in Taiwan

Transforming Trade: Cross-border E-commerce Trends in Taiwan

While physical retail remains popular, the cross-border e-commerce market has experienced remarkable growth, with global retail e-commerce sales more than...

17 Dec 2024 Reports
Tech Policy Trends 2025

Tech Policy Trends 2025

Unlocking the future: The impact of AI on industry, society, and policy AI is transforming the way we live, work,...

3 Dec 2024 Reports
Economic Impact Report: Driving digital growth in Vietnam with Google

Economic Impact Report: Driving digital growth in Vietnam with Google

Vietnam’s economic development journey has been impressive. From one of the world’s lowest-income countries, Vietnam has risen to become a...

14 Nov 2024 General