Mineral Resource Governance in the 21st Century: Gearing Extractive Industries Towards Sustainable Development - Summary for Policymakers and Business Leaders

United Nations Environment Programme ; International Resource Panel (2019)

This report discusses practical actions to improve the international governance architecture for mining to enhance its contribution towards sustainable development. The proposals include reaching an international consensus regarding the normative content and structure of the Sustainable Development Licence to Operate informed by expert inputs from a “High-level Panel on Mining for Sustainable Development”. It further considers the creation of an International Mineral Agency to share relevant information and data. Governments could also reach bilateral and plurilateral agreements regarding security of supply of raw materials and resource-driven development. Periodical reporting of progress towards sustainable development could be enabled through a Global “State of the Extractive Sector” review or equivalent process.