Publication

Guidance for Bolivia’s Municipalities on Investing Natural Resource Royalties

Dec 4, 2020

Royalties paid by natural resources companies active in Bolivia are intended to support local community development. But often local communities that are impacted by projects do not receive critical benefits to improve their living conditions, such as access to basic services and infrastructure. This can create a difficult operating environment, with host communities looking to the company for provision of those services. Even well intended local governments may not have the skills needed for impactful investment management. This is where IFC—a member of the World Bank Group, steps in with a new series of guides on good investment practices.

Las regalías pagadas por empresas del sector de recursos naturales que están activas en Bolivia tienen como objetivo apoyar el desarrollo de las comunidades locales. Pero a menudo, las comunidades que son impactadas por los proyectos no reciben beneficios para mejorar sus condiciones de vida, como lo son el acceso a servicios básicos e infraestructura. Esto puede crear un contexto operativo difícil, con comunidades que acuden a la empresa para la provisión de estos servicios. Incluso cuando los Gobiernos Autónomos Municipales tienen la intención de ejecutar una gestión de inversiones con impacto real podrían no tener las habilidades necesarias para hacerlo. Aquí es donde IFC, miembro del Grupo Banco Mundial, busca aportar con una nueva serie de guías sobre buenas prácticas de inversión municipal.

Topics

Community Investment and Partnerships Local Government and Development Stakeholder Engagement

Guidance for Bolivia’s Municipalities on Investing Natural Resource Royalties

Topics

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Guidance for Bolivia’s Municipalities on Investing Natural Resource Royalties

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Topics

Related Content

IFC 2012 Guidance Note 1: Assessment and Management of Environmental and Social Risks and Impacts

Integrating Gender in Transport Operations

How Partnerships between Non-Government Organizations (NGOs) and Mining Companies Contribute to Community Development

[Draft for Discussion] A Guide to Community Engagement for Public-Private Partnerships