Sharing Mining Benefits in Developing Countries

Sharing Mining Benefits in Developing Countries

This publication examines the role of foundations, trusts, and funds (FTFs) in delivering benefits derived from mining projects in the developing world. Chapter two addresses the necessity of sharing benefits from mining projects and identifies the...

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Bibliographic Details
Main Authors: Wall, Elizabeth, Pelon, Remi
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
MINING
ACCOUNTABILITY
ADMINISTRATIVE RESPONSIBILITIES
ARTICLES OF INCORPORATION
BASIC INFRASTRUCTURE
BENCHMARK
BENEFICIARY PARTICIPATION
BOARD MEMBERSHIP
BONDS
CAPACITY BUILDING
CASH PAYMENTS
CENTRAL GOVERNMENT
CHARTER
COMMON LAW
COMMUNES
COMMUNITIES
COMMUNITY DEVELOPMENT
COMMUNITY DEVELOPMENT PROJECTS
COMMUNITY INVESTMENT
COMMUNITY MEMBERS
COMMUNITY OWNERSHIP
COMMUNITY PARTICIPATION
COMMUNITY PROJECTS
COMPANY
COMPENSATION PAYMENTS
CONSENSUS
CONSULTATION
CORPORATE RESPONSIBILITY
CORPORATE SOCIAL RESPONSIBILITY
CORPORATION
CORRUPTION
DAMAGES
DECENTRALIZATION
DECENTRALIZATION PROCESS
DECISION MAKING
DECISION-MAKING
DECISION-MAKING PROCESS
DECREE
DESCRIPTION
DEVELOPMENT AGENCIES
DEVELOPMENT AGENCY
DEVELOPMENT PROJECTS
DISTRICTS
DIVIDENDS
DUTY OF CARE
ECONOMIC DEVELOPMENT
ESTATE
EXECUTION
EXPENDITURE
FINANCIAL ASSISTANCE
FINANCIAL BENEFITS
FINANCIAL CONTRIBUTION
FINANCIAL CONTRIBUTIONS
FINANCIAL MANAGEMENT
FINANCIAL SUPPORT
FISCAL REVENUES
FOREIGN INVESTMENT
FUNDING MECHANISMS
GDP
GOVERNANCE ARRANGEMENTS
GOVERNMENT AGENCIES
GOVERNMENT AUTHORITIES
GOVERNMENT FUNDING
GOVERNMENT INSTITUTIONS
GOVERNMENT REGULATION
GOVERNMENT REPRESENTATIVES
GOVERNMENT SERVICES
GROSS DOMESTIC PRODUCT
HOUSING
INCORPORATED
INDIGENOUS GROUPS
INDIGENOUS PEOPLES
INTEGRATED DEVELOPMENT
INTERESTED PARTIES
JOINT VENTURE
LEGAL ENTITIES
LEGAL PROVISIONS
LEGAL STRUCTURE
LEGISLATION
LEVELS OF GOVERNMENT
LIMITED
LOCAL AUTHORITIES
LOCAL BUSINESS
LOCAL CAPACITY
LOCAL COMMUNITIES
LOCAL GOVERNMENT
LOCAL GOVERNMENT AUTHORITIES
LOCAL GOVERNMENTS
LOCAL NONGOVERNMENTAL ORGANIZATIONS
LOCAL ORGANIZATIONS
LOCAL PROCUREMENT
LTD.
MEMBER BOARD
MINING CORPORATIONS
MUNICIPALITIES
MUNICIPALITY
NATIONAL ECONOMY
NATIONS
NATURAL RESOURCES
NEEDS ASSESSMENT
NONGOVERNMENTAL ORGANIZATIONS
OVERHEAD COSTS
PARTNERSHIP
POLITICAL CRISIS
POLITICAL SUPPORT
POLITICIANS
PUBLIC AGENCY
REGIONAL DEVELOPMENT
REHABILITATION
REPRESENTATIVES
RESETTLEMENT
ROYALTY
SHAREHOLDERS
SOCIAL ASSESSMENT
SOCIAL OBLIGATIONS
SOCIAL PROGRAMS
SOCIAL TRUST
SOCIETY
SPONSORSHIP
STAKEHOLDER
STAKEHOLDERS
STATE-OWNED COMPANIES
SUBSIDIZED HOUSING
TAX INCENTIVES
TAX PAYMENTS
TAX STATUS
TAXATION
TRANSPARENCY
TRANSPARENT MECHANISMS
TRUSTS
UNIVERSITIES
VARIABLE COSTS
VILLAGES
WAGES
WEALTH
YOUTH
Online Access:http://documents.worldbank.org/curated/en/2011/06/14357540/sharing-mining-benefits-developing-countries
http://hdl.handle.net/10986/18290
Description
Summary:This publication examines the role of foundations, trusts, and funds (FTFs) in delivering benefits derived from mining projects in the developing world. Chapter two addresses the necessity of sharing benefits from mining projects and identifies the situations under which a dedicated instrument such as an FTF can support that process. Chapter three reveals both the diversity and similarities of FTFs by reviewing six key attributes: their programming approach; their financing structure; their geographic focus; the extent of community participation in governance; the influence of the mining company on FTF operations; and the influence of the government on the FTF. Chapter four identifies key conditions for success and areas of leading practice based on experience with mining FTFs globally and drawing on specific cases in Namibia, Papua New Guinea, Peru, and South Africa.

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