Integrating Social Concerns Into Private Sector Decisionmaking

Integrating Social Concerns Into Private Sector Decisionmaking
Author: Kathryn McPhail
Publisher: World Bank Publications
Total Pages: 98
Release: 1998
Genre: Business & Economics
ISBN: 9780821341889

This paper contains two separate but intimately linked reports that deal with corporate social responsibility. The first explores the critical success factors supporting the integration of social concerns into the planning and implementation of privately financed projects in the mining, oil, and gas sectors. The second reviews corporate practices with respect to social and environmental assessment, and the integration between the two.

The Private Sector and Power Generation in China

The Private Sector and Power Generation in China
Author:
Publisher: World Bank Publications
Total Pages: 86
Release: 2000-01-01
Genre: Nature
ISBN: 9780821346563

..".the Chinese government remains aware of the potential threats to the economy (foreign capital flight, loss of competitiveness, drop in consumers' confidence, etc.) and is striving to continue to provide a stable environment for domestic investment and household consumption to maintain growth." Since the early 1980s, the Chinese Government has eased restrictions on the power industry and ensured private participation in power sector development. In the aftermath of the Asian economic and financial crisis, concerns are being raised about Chinese currency (Renminbi) devaluation and the impact of the slowdown of electricity growth on the implementation of past contracts and new investment opportunities. To address these concerns, China's Ministry of Finance and the World Bank sponsored a two-day conference, held in Beijing June 22-23, 1999. The conference aimed to improve understanding and narrow the gap in perceptions of risks related to project development among government officials, representatives of provincial power companies and financial institutions, and private investors. The first part of this publication is dedicated to the narrative summary of the conference. The second part presents a background paper prepared for the conference to take stock of the progress achieved and identify issues and problems that still need to be addressed to create an environment conducive to further private involvement in power sector development. This publication will be useful to the international community that is interested in past and future development of private sector involvement in China's power sector, such as, Chinese government officials, power companies, private financial institutions, and private investors.

Understandings of Social Investment in the Oil and Gas Sector

Understandings of Social Investment in the Oil and Gas Sector
Author: Rafaela Costa Camões Rabello
Publisher: Springer Nature
Total Pages: 170
Release: 2021-01-30
Genre: Business & Economics
ISBN: 9813365560

This book explores research that contributes to the current literature on the Oil and Gas Sector by analysing the multiple discourses that experts use to examine social investment. This book explains how these discourses influence social investment practices and host communities in the O&G sector. This book serves as a starting point from which companies, social investment experts, communities, host country governments, and international banks can build more participatory and community-centred social investment programmes to promote positive futures. The book suggests an alternative approach to O&G social investment, where social investment represents one of the main tools of social engagement, rather than its substitute; and where care instead of profit, becomes the driver of O&G social investment.

International Natural Resources Law, Investment and Sustainability

International Natural Resources Law, Investment and Sustainability
Author: Shawkat Alam
Publisher: Routledge
Total Pages: 765
Release: 2017-09-27
Genre: Law
ISBN: 131753588X

International Natural Resources Law, Investment and Sustainability provides a clear and concise insight into the relationship between the institutions that govern foreign investment, sustainable development and the rules and regulations that administer natural resources. In this book, several leading experts explore different perspectives in how investment and natural resources come together to achieve sustainable development in developing countries with examples from water, oil and gas, renewable energy, mineral, agriculture, and carbon trading. Despite varying perspectives, it is clear that several themes are central in considering the linkages between natural resources, investment and sustainability. Specifically, transparency, good governance and citizen empowerment are vital conditions which encourage positive social, economic and environmental outcomes for developing countries. In addition, this book provides new insights into key concepts which underpin international law, including sovereign rights and state responsibility principles. It is clear from this book that in the attempt to reconcile these concepts and principles from separate legal regimes, complex policy questions emerge whereby it is difficult to attain mutually beneficial or succinct outcomes. This book explores how countries prioritise their policy objectives to achieve their notion of sustainable natural resource use, which is strongly influenced by power imbalances that inform North–South cooperation, as well as South–South cooperation in the international investment regime. This book will be of great interest to students, academics and researchers of international environmental law, international human rights law, international investment law and international economic law. This book may also be of relevance to environmentalists, policy-makers, NGOs, and investors working in the natural resources field.

Putting Partnerships to Work

Putting Partnerships to Work
Author: Michael Warner
Publisher: Routledge
Total Pages: 336
Release: 2017-10-24
Genre: Business & Economics
ISBN: 1351281232

The World Summit on Sustainable Development in Johannesburg clearly identified the corporate sector as one of the key actors in the delivery of national and international poverty reduction targets in developing countries. "Partnerships" between government, civil society and business were proposed as one means whereby these poverty reduction targets were to be achieved. Despite the rhetoric, there was less consideration of how such partnerships could work in practice, the outcomes that could be achieved, or the relative merits of partnerships over other, more traditional approaches to development. This book is about partnerships between the private sector, government and civil society. Its objective is to share practical experiences in establishing and implementing such partnerships and to show how partnerships work. The focus is on the oil, gas and mining industries, as these sectors have tended to be the primary drivers of foreign investment in developing countries. These corporations increasingly operate in regions characterised by poor communities and fragile environments. The more effective use of external relationships to ensure the effective contribution of these investments to poverty reduction and local environmental management is critical, for the companies, for government, and for the poor. Putting Partnerships to Work is based on the work of the Secretariat of the Natural Resources Cluster (NRC) of Business Partners for Development (BPD). This major research programme, which ran from 1998 to 2002, aimed to enhance the role of oil, gas and mining corporations in international development. The programme objective was to produce practical guidance, based on the experience of specific natural resource operations around the world, on how partnerships involving companies, government authorities and civil-society organisations can be an effective means of reducing investment risks and of promoting community and regional development. The programme encompassed partnerships in Colombia, Nigeria, India, Venezuela, Bolivia, Zambia, Azerbaijan, Indonesia and Tanzania. The specific projects that were implemented included not only "traditional" development projects such as the provision of water, healthcare or infrastructure but also themes as diverse as conflict prevention, regional development, micro-enterprise development and managing oil spill compensation. Based on the experience of establishing and implementing effective partnerships, the NRC identified good practice, and developed replicable guidelines, tools and training materials. This book is not only about good practice; it presents both the positive outcomes and lessons from the programme, as well as the risks and costs, and where things went wrong. It also provides evidence not only of the viability of partnerships (i.e. that partnerships "can work") but also evidence that partnership approaches can provide substantially better outcomes for all parties than can more traditional approaches to development or corporate social responsibility. For example, a road in India was constructed at 25% of the cost to government; it took just 11 months for a community health centre in Venezuela to become operational and with its long-term financial future assured; and primary education enrolment rates in the vicinity of a gold mine in Tanzania have jumped from a historic level of 60–80% to almost 100% (as a consequence of improved infrastructure and community awareness of the importance of education). These development and public-sector benefits have been accompanied by substantial business benefits, including significant reductions in the cost of community development initiatives and/or the leverage of additional resources, greater sustainability and viability of development projects and significant improvements to corporate reputation and their local "social licence to operate" with communities. The book argues that to achieve these benefits requires all parties to invest time and effort in first exploring the best design for the partnership, understanding the motivations of their potential partners and, once the partnership has been established, continuing to actively support the partnership and ensure its ongoing viability. Partnerships that engage the strengths of companies, government and civil society can, under the right conditions, yield better (and more sustainable) results for communities and for business than traditional approaches to development. The authors argue that, because it is built on the central idea of each partner "doing what they do best", the partnership approach offers an opportunity to rethink the way in which companies view they contributions to the livelihoods of local communities. Through partnerships it is possible that community development will be seen less as an "add-on" or "cost" to the company but more an integral part of business strategy providing significant commercial and other benefits. Perhaps most importantly, partnerships offer the potential for regional operating companies to change the perceptions of government and of civil society that the company will take the primary responsibility for local development. Rather, partnerships enable companies to locate themselves as one of (but not the only) agent of development in the local region. Partnerships enable communities to take charge of their own development needs, interacting with government to jointly design and maintain public services. They also allow government to play its proper role of fulfilling its public mandate, delivering necessary services and ensuring the quality and sustainability of development impacts. The challenges of poverty reduction in the developing world are so great that no one sector can address them on its own. Partnerships between business, government and civil society are a means of addressing this most fundamental of truths. It is hoped that this book will provide a road map for all those working towards making the elimination of poverty a reality.

Financing of Private Hydropower Projects

Financing of Private Hydropower Projects
Author: Chris R. Head
Publisher: World Bank Publications
Total Pages: 138
Release: 2000-01-01
Genre: Technology & Engineering
ISBN: 9780821347997

Concerns about global warming and the availability of clean renewable sources of energy are increasing. However, as private companies take over state power utilities, the demand for profit has stifled those concerns. Currently the private sector is building over 40 megawatts of fossil-fuel thermal plants for each new megawatt of hydropower. This report examines the reasons for building fewer hydropower plants and looks at ways to eliminate some of the drawbacks. It studies ten privately financed hydro schemes, which represent all but the smaller projects likely to be considered for private financing in the future. The projects are located in five countries where the power sector is at different stages of maturity and deregulation. They include multi- and single-purpose projects intended for both domestic supply and export.

Finance & Development, December 2000

Finance & Development, December 2000
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
Total Pages: 68
Release: 2000-01-01
Genre: Political Science
ISBN: 1451951930

This paper describes the need to broaden the agenda for poverty reduction. The broadening of the agenda follows from a growing understanding that poverty is more than low income, a lack of education, and poor health. The poor are frequently powerless to influence the social and economic factors that determine their well being. The paper highlights that a broader definition of poverty requires a broader set of actions to fight it and increases the challenge of measuring poverty and comparing achievement across countries and over time.

Making the Transition Work for Women in Europe and Central Asia

Making the Transition Work for Women in Europe and Central Asia
Author: Marnia Lazreg
Publisher: World Bank Publications
Total Pages: 128
Release: 2000
Genre: Social Science
ISBN: 9780821346624

Women in the Europe and Central Asia region complain about loss of employment, sexual harassment, violence, poor enforcement of the law, poor political representation, and poor health care. Many greet these complaints with skepticism or dismissal. Is it economic expedience due to the sheer magnitude of the changes taking place under the transition? Did the Soviet legacy delude observers into believing that there is gender equality in the region? While budgets shrink, how can gender be integrated into country department work programs? To answer these and other pressing questions regarding the gender issue, the World Bank held a conference in June 1999. Women from the ECA region, Western Europe and the United States gathered to address the lack of Bank knowledge of gender issues in the Eastern Europe and Central Asia Region. The papers from the conference included in this volume describe the present conditions for women, emphasize the need to debunk the myth of gender equality in the Soviet era, and propose urgent legislative measures to address gender disparity. This publication gives women the opportunity to voice their concerns regarding this issue. It will be of interest to regional gender experts, ministries, and think tanks.

Extractive Industries

Extractive Industries
Author: Tony Addison
Publisher: Oxford University Press
Total Pages: 766
Release: 2018
Genre: Business & Economics
ISBN: 0198817363

"A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER)".

Environmental Policy in Mining

Environmental Policy in Mining
Author: Alyson Warhurst
Publisher: CRC Press
Total Pages: 538
Release: 1999-09-17
Genre: Law
ISBN: 9781566703659

Ecological Management of Mining: Achieving Environmental Compliance is a study and comparison - global in scope - of current practices used by mining firms striving for ecological management. The author takes an integrated and interdisciplinary approach in addressing, analyzing and working towards solutions regarding the complex challenges posed by managing the environmental impacts of mining. The issues addressed range from the ecotoxicological effects of metal residues to the land use effects of mining and from socioeconomic impacts to environmental regulation. The goal of this book is to assist mining companies throughout the world to achieve environmental compliance and improve competitiveness in the context of growing environmental regulation and technological innovation. It is an essential book for the wide variety of professionals working on issues in mining. Like the book and the research itself, the audience is integrated and interdisciplinary including engineers, planners, ecologists, policy makers and economists. Features