Sharing Mining Benefits in Developing Countries - World Bank

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Box 3.3: Government Funding Mechanisms 27Box 3.4: Participation and Capacity: Mali 29Box 3.5: Government Actions Supporting the Use of Foundations,Trusts, and Funds 32Box 4.1: Approaches to Identifying Need 37FiguresFigure 2.1: Benefit-Sharing Channels 7Figure 3.1: Sliding Scales of Attributes Useful in Comparing FTFs 23Figure 4.1: Mozal Community Development Trust 34Figure 4.2: Lihir Sustainable Development Plan 35Figure 4.3: Papua New Guinea Sustainable Development Program 36Figure 4.4: Asociación Ancash 38Figure 4.5: Anglo American Chairman’s Fund 39Figure 4.6: Rio Tinto Palabora Mining Company, Ltd. 41Figure 4.7: Fondo Solidaridad Cajamarca 43Figure 4.8: Asociación Los Andes de Cajamarca 44Figure 4.9: Ok Tedi Mining, Ltd. 47Figure 4.10: Rössing Foundation 48TablesTable 2.1: Examples of Royalty/Tax Redistributionin Mining Areas 9Table 3.1: Typical Characteristics of Foundations, Trusts,and Funds 21Table 3.2: Comparing Programming Approaches 24Table 3.3: Comparing Funding Structures 25Table 3.4: Highly Participative Governance Structures 30viSharing Mining Benefits in Developing Countries
AcknowledgmentsThis publication, Sharing Mining Benefits in Developing Countries—The Experienceof Foundations, Trusts, and Funds, is a product of the World Bank’sOil, Gas, and Mining Policy Division (SEGOM). The task team comprisedRemi Pelon (Task Team Leader), Gary McMahon (Senior Mining Specialist),and Gotthard Walser (Lead Mining Specialist).Elizabeth Wall (Shared Resources) is the primary author. She alsoundertook the fieldwork to develop the case studies referenced here andin the World Bank Sourcebook on the same topic. This publication drawsfrom an intermediary research product on mining foundations, trusts, andfunds, which Business for Social Responsibility (BSR) prepared. Thanksare also due to those who provided initial guidance, valuable documents,and comments throughout the research process, including Peter Vander Veen (World Bank), Glynn Cochrane (Rio Tinto), Juraj Mesik (Consultant),Jennifer Barsky (IFC), Dafna Tapeiro (IFC/CommDev), DebraSequeira (IFC), Graeme Hancock (World Bank), and John Strongman(World Bank).Stephen Spector edited the publication and Esther Petrilli-Massey assistedin the production.Finally, this publication could not have been developed without thehelp of the representatives of companies, foundations, civil society organizations,and governments who participated in surveys and interviewsand who facilitated site visits around the world.Extractive Industries for Development Seriesvii
Page 2: World Bank Group’s Oil, Gas, and
Page 8 and 9: AcronymsAACFAHRCALACAMPAASRPCMCACOD
Page 11 and 12: Executive SummaryMining projects in
Page 13 and 14: Chapter 1IntroductionMessageFoundat
Page 15 and 16: that process. Chapter 3 reveals bot
Page 17 and 18: Figure 2.1: Benefit-Sharing Channel
Page 19 and 20: Table 2.1: Examples of Royalty/Tax
Page 21 and 22: to be shared among project benefici
Page 23 and 24: FTFs and other dedicated instrument
Page 25 and 26: money payable to communities over a
Page 27 and 28: The agreements often use FTF struct
Page 29 and 30: Chapter 3Key Attributes ofFoundatio
Page 31 and 32: • Provisions for supervision and
Page 33 and 34: Figure 3.1: Sliding Scales of Attri
Page 35 and 36: Box 3.1: The Starting Points of FTF
Page 37 and 38: Communities or local nongovernmenta
Page 39 and 40: support charitable organizations in
Page 41 and 42: externally, or by a combined approa
Page 43 and 44: Chapter 4Drawing Lessons fromExperi
Page 45 and 46: development projects. It was subseq
Page 47 and 48: objectives, and intended beneficiar
Page 49 and 50: Buying in expertise: The Anglo Amer
Page 51 and 52: Figure 4.6: Rio Tinto Palabora Mini
Page 53 and 54: Figure 4.7: Fondo Solidaridad Cajam
Page 55 and 56: and the level of financing they wil
Page 57 and 58:
Figure 4.9: Ok Tedi Mining, Ltd.Pro
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ConclusionFoundations, trusts, and
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Appendix 1: MiningFoundations, Trus
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Name Associated Company Country46.
Page 65 and 66:
March 2002, accessed April 2, 2010,
Page 67 and 68:
Ok Tedi Fly River Development Progr
Page 69:
Extractive Industries for Developme
Page 72:
The World Bank1818 H Street, N.W.Wa
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