Publication:
Mining Foundations, Trust and Funds : A Sourcebook

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dc.contributor.authorWorld Bank
dc.date.accessioned2014-02-10T19:50:59Z
dc.date.available2014-02-10T19:50:59Z
dc.date.issued2010-06
dc.description.abstractMining operations increasingly exist in remote parts of developing countries, and with the combined challenges in public services delivery and development assistance, this is drawing the mining sector further into catalyzing development at local, regional and national levels. Responding to this multifaceted trend, the mining sector has increasingly turned to foundations, trusts and funds as vehicles to share the benefits derived from mineral production with communities. This sourcebook reviews the developing country experience of mining sector foundations, trusts and funds to date, identifies aspects of leading practice in this field and provides detailed examinations of fourteen case studies from Peru, Southern Africa and Papua New Guinea. It approaches this analysis from the perspectives of the three sets of key stakeholders: communities, companies and governments. Foundations, Trusts and Funds (FTFs) have different structures and vary considerably in different legal jurisdictions. Recognizing these differences, this study refers to FTFs as a group representing independent entities with options for governance to be shared amongst a number of stakeholders. There are three main purposes for which the mining sector uses FTF structures: community investment - voluntary actions or contributions by companies beyond the scope of their normal business operations; compensation - payments made by mining companies to mitigate the impacts generated by projects; and government payments - taxes and royalties as well as other payment schemes, including voluntary contributions, which exist between mining companies and various levels of government which are intended for redistribution to communities through some form of benefit sharing mechanism. While FTFs are not appropriate in all situations, this sourcebook provides examples from a vast variety of experience to assist communities, governments and companies to consider the role of FTFs within their mining benefit sharing approaches.en
dc.identifierhttp://documents.worldbank.org/curated/en/2010/06/18550631/mining-foundations-trust-funds-sourcebook
dc.identifier.doi10.1596/16965
dc.identifier.urihttps://hdl.handle.net/10986/16965
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTABILITY
dc.subjectACQUISITIONS
dc.subjectARTICLE OF INCORPORATION
dc.subjectBASIC INFRASTRUCTURE
dc.subjectBONDS
dc.subjectCAPACITY BUILDING
dc.subjectCHARTER
dc.subjectCOMMON LAW
dc.subjectCOMMUNITIES
dc.subjectCOMMUNITY DEVELOPMENT
dc.subjectCOMMUNITY DEVELOPMENT PROJECTS
dc.subjectCOMMUNITY INVESTMENT
dc.subjectCOMMUNITY LEADERS
dc.subjectCOMMUNITY LEADERSHIP
dc.subjectCOMMUNITY MEMBERS
dc.subjectCOMMUNITY ORGANIZATIONS
dc.subjectCOMMUNITY PARTICIPATION
dc.subjectCOMMUNITY PROJECTS
dc.subjectCOMPANY
dc.subjectCOMPENSATION PAYMENTS
dc.subjectCOMPENSATION ­ PAYMENTS
dc.subjectCONSULTATION
dc.subjectCONTRACT NEGOTIATION
dc.subjectCORPORATE SOCIAL RESPONSIBILITY
dc.subjectCORPORATION
dc.subjectCORRUPTION
dc.subjectDECISION MAKING
dc.subjectDECISION-MAKING
dc.subjectDEVELOPMENT AGENCIES
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT PROJECTS
dc.subjectDIVIDENDS
dc.subjectDUTY OF CARE
dc.subjectECONOMIC DEVELOPMENT
dc.subjectEXECUTION
dc.subjectEXPENDITURE
dc.subjectFINANCIAL BENEFITS
dc.subjectFINANCIAL CONTRIBUTION
dc.subjectFINANCIAL DIFFICULTY
dc.subjectFINANCIAL DISCIPLINE
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SUPPORT
dc.subjectFIXED COSTS
dc.subjectFOREIGN INVESTMENT
dc.subjectFUNDING MECHANISMS
dc.subjectGDP
dc.subjectGOVERNMENT AGENCIES
dc.subjectGOVERNMENT FUNDING
dc.subjectGOVERNMENT INSTITUTIONS
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectINCORPORATED
dc.subjectINDIGENOUS GROUPS
dc.subjectINDIVIDUALS
dc.subjectINTERNAL COMMUNITY RELATIONS
dc.subjectINTERVENTION
dc.subjectINTERVENTIONS
dc.subjectLEGAL ENTITIES
dc.subjectLEGAL ENTITY
dc.subjectLEGAL REQUIREMENTS
dc.subjectLEGAL STRUCTURE
dc.subjectLEGAL STRUCTURES
dc.subjectLEGISLATION
dc.subjectLESSONS LEARNED
dc.subjectLEVELS OF GOVERNMENT
dc.subjectLIMITED
dc.subjectLIMITED LIABILITY
dc.subjectLIMITED LIABILITY COMPANY
dc.subjectLOCAL ACCOUNTABILITY
dc.subjectLOCAL CAPACITY
dc.subjectLOCAL COMMUNITIES
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENTS
dc.subjectMINING CORPORATIONS
dc.subjectMUNICIPALITIES
dc.subjectNATIONAL LEVEL
dc.subjectOVERHEAD COSTS
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPARTNERSHIP
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICIANS
dc.subjectPOOR GOVERNANCE
dc.subjectPRICE FLUCTUATIONS
dc.subjectPRIVATE CORPORATIONS
dc.subjectPRIVATISATION
dc.subjectPROCUREMENT
dc.subjectPROJECT EVALUATION
dc.subjectPROPERTY TAXES
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SERVICE
dc.subjectPURCHASE PRICE
dc.subjectREGIONAL DEVELOPMENT
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY FRAMEWORKS
dc.subjectREPRESENTATIVES
dc.subjectRESOURCE ALLOCATIONS
dc.subjectROYALTY
dc.subjectSHAREHOLDERS
dc.subjectSOCIAL FUNDS
dc.subjectSOCIAL OBLIGATIONS
dc.subjectSOCIETY
dc.subjectSOCIOECONOMIC DEVELOPMENT
dc.subjectSTAKEHOLDER
dc.subjectSTAKEHOLDERS
dc.subjectSTATE-OWNED COMPANIES
dc.subjectSUBSIDIZED HOUSING
dc.subjectTAX STATUS
dc.subjectTAXATION
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTIME CONSTRAINTS
dc.subjectTRANSPARENCY
dc.subjectTRUSTS
dc.subjectVARIABLE COSTS
dc.subjectVILLAGES
dc.subjectWAGES
dc.subjectWEALTH
dc.titleMining Foundations, Trust and Funds : A Sourcebooken
dspace.entity.typePublication
okr.date.disclosure2013-11-25
okr.date.doiregistration2025-05-05T11:30:16.155715Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2010/06/18550631/mining-foundations-trust-funds-sourcebook
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeGovernance
okr.globalpracticeGovernance
okr.guid418481468158366874
okr.identifier.externaldocumentum000356161_20131125122927
okr.identifier.internaldocumentum18550631
okr.identifier.report82856
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/11/25/000356161_20131125122927/Rendered/PDF/828560WP0Sourc00Box379875B00PUBLIC0.pdfen
okr.topicGovernance::National Governance
okr.topicLaw and Development::Corporate Law
okr.topicSocial Development::Community Development and Empowerment
okr.topicHousing and Human Habitats
okr.topicEconomic Theory and Research
okr.topicMacroeconomics and Economic Growth
okr.topicCommunities and Human Settlements
okr.unitOil, Gas and Mining (SEGOM)
okr.volume1 of 1
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