Economists found a way to measure the real value over time of natural capital, such as groundwater and forests. It could show governments how to weigh costs and benefits when investing in natural assets. Read the full article on Newsweek here.
IFC, a member of the World Bank Group, successfully brokered a new voluntary code of practice (VCP) for common water management and reporting for the mining industry in the South Gobi region. This collective effort will safeguard water resources and promote the efficient and transparent use of water. The VCP is a critical step towards building trust among local stakeholders, including government authorities, local communities, civil society organizations, and the media. Read the full press release here.
With the new Sustainable Development Goals (SDGs) including a dedicated goal to provide universal access to modern energy services, hydropower has an important role to play in the post-2015 development agenda. Here, Tracy Lane, hydropower development director at IHA, explores the implications of the SDGs for the hydropower sector and international community.
The University of Queensland’s Sustainable Minerals Institute has been invited to facilitate the consultation process in the Australia and Asia Pacific Region (or whatever region you want cover) for the recently released “Mapping Mining to the SDGs: A Preliminary Atlas”.
The report is the result of two years of joint research between Chatham House and the Development Research Center of the State Council (DRC), including six expert workshops in China and conversations with international organizations.
Far from being a romantic dream, renewables are central to meeting the energy demands that the Fourth Industrial Revolution will bring. Read the full article on the World Economic Forum Website here.
The Roundtable for Product Social Metrics, started three years ago, is now moving forward as a multi-stakeholder organisation. With this step, the Roundtable is opening its doors to new participants, inviting interested companies, industry associations, NGOs and researchers to join the collaboration. The main goals are to refine the concept of product social impact assessment and further its adoption in industry.
The world’s largest project finance deals have been transacted for liquefaction schemes. When comparing LNG project finance to other sectors such as power, petrochemicals and infrastructure it is evident that LNG has continued to compete successfully for global funds. Read the full article on GastechNews here.
Mining Shared Value, a venture of Engineers Without Borders Canada (EWB), partnering with GIZ to support the creation of a measurement and reporting standard for local procurement in the mining industry. View the full article on GOXI here.
View the full report here.
