Perspectives on Mercury Use in Artisanal Gold Mining
undefined
E
NVIRONMENT
FOR
D
EVELOPMENT
P
ERSPECTIVES
: M
ERCURY
U
SE
IN
A
RTISANAL
AND
S
MALL
-
SCALE
G
OLD
M
INING
Presented by: Usman Tariq
I
NTRODUCTION
Title: Environment for Development Perspectives:
Mercury Use in Artisanal and Small-scale Gold
Mining
Purpose
Identifying the gaps and learning priorities
Finding models for scaling up solutions that work.
Status
The paper is in the initial stages and will be made
available for comments in the second week of July.
M
OTIVATION
FOR
THE
STUDY
A new gold rush!?
ASGM as provider of livelihood
Opportunity for poverty alleviation
Link between development and ASGM (Examples
of Western Coast of North America, Australia and
South Africa).
Health, environment and social problem related
to the sector
ECONOMICS PAPER AIMS TO
CONSIDER ALL ASPECTS OF ASGM
W
HAT
IS
NEW
IN
THE
STUDY
Articulation of negative health, environment and
financial impacts of mercury use in economics
language
Updated statistics
Poverty Reduction Strategic Papers
New case studies (open to doing more)
O
PPORTUNITIES
I
DENTIFIED
The outlook of gold
Growing ESG (Environment, Social Governance)
risk awareness in the mining sector
New Corporate Social Responsibility (CSR)
awareness in the mining sector
New market creation mechanisms to differentiate
gold sources
.
F
INANCING
IS
A
MAJOR
C
HALLENGE
Mercury is cheap and trusted in the process of
gold amalgamation.
Lack of access to credit for miners
Lack of finance at the national level for investing
in sustainable artisanal and small-scale mining
livelihoods
S
OME
O
PTIONS
FOR
F
INANCING
THE
TRANSITION
Multilateral and bilateral funding sources (GEF,
SAICM, SDC etc)
National sources of finance (national budget)
Multilateral/bi-lateral sources for national
programmatic and project development
Capturing windfall gains from formal gold resource
exploitation for the longer term
Access to credit
Public Private Partnerships
Microfinance
Scaling up solutions that work
Question:
What projects represent model financing
techniques?
This study focuses on the environmental and economic impacts of mercury use in artisanal and small-scale gold mining. It highlights the need to address the challenges associated with mercury usage and proposes opportunities for sustainable practices. Financing for transitioning to safer alternatives is identified as a major obstacle, with potential solutions discussed.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
ENVIRONMENT FOR DEVELOPMENT PERSPECTIVES: MERCURY USE IN ARTISANAL AND SMALL-SCALE GOLD MINING Presented by: Usman Tariq
INTRODUCTION Title: Environment for Development Perspectives: Mercury Use in Artisanal and Small-scale Gold Mining Purpose Identifying the gaps and learning priorities Finding models for scaling up solutions that work. Status The paper is in the initial stages and will be made available for comments in the second week of July.
MOTIVATION FOR THE STUDY A new gold rush!? ASGM as provider of livelihood Opportunity for poverty alleviation Link between development and ASGM (Examples of Western Coast of North America, Australia and South Africa). Health, environment and social problem related to the sector
ECONOMICS PAPER AIMS TO CONSIDER ALL ASPECTS OF ASGM Paper on Technical Alternatives Paper on Formalizatio n Paper on Financing (to be developed) Economics Paper
WHAT IS NEW IN THE STUDY Articulation of negative health, environment and financial impacts of mercury use in economics language Updated statistics Poverty Reduction Strategic Papers New case studies (open to doing more)
OPPORTUNITIES IDENTIFIED The outlook of gold Growing ESG (Environment, Social Governance) risk awareness in the mining sector New Corporate Social Responsibility (CSR) awareness in the mining sector New market creation mechanisms to differentiate gold sources.
FINANCING IS A MAJOR CHALLENGE Mercury is cheap and trusted in the process of gold amalgamation. Lack of access to credit for miners Lack of finance at the national level for investing in sustainable artisanal and small-scale mining livelihoods
SOME OPTIONS FOR FINANCING THE TRANSITION Multilateral and bilateral funding sources (GEF, SAICM, SDC etc) National sources of finance (national budget) Multilateral/bi-lateral sources for national programmatic and project development Capturing windfall gains from formal gold resource exploitation for the longer term Access to credit Public Private Partnerships Microfinance Scaling up solutions that work
Question: What projects represent model financing techniques?
