ASEAN and IGF Finalize Minerals Cooperation Workplan for 2022-2024
The Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) has finalized a multi-year cooperation work plan with the Association of Southeast Asian Nations (ASEAN). The work plan aims to support the priorities of ASEAN members in implementing the ASEAN Minerals Cooperation Action Plan to stimulate and enhance business and trade integration in the region under the ASEAN Economic Community’s 2025 Vision.
“ASEAN represents a region rich in mineral resources and significant potential to support the green energy transition. The IGF looks forward to continuing our collaboration with ASEAN and deepening our engagement in the region,” said Greg Radford, Director of the IGF.
The work plan will focus on the following three areas of common interest identified in the ASEAN Minerals Cooperation Action Plan:
- Trade and investments in minerals
- Sustainable mineral development
- Strengthening institutional and human capacities in the ASEAN minerals sector.
The IGF supports more than 75 member nations committed to leveraging mining for sustainable development to ensure negative impacts are limited and financial benefits are shared. It is devoted to optimizing the benefits of mining to achieve poverty reduction, inclusive growth, social development, and environmental stewardship. The International Institute for Sustainable Development has served as Secretariat for the IGF since October 2015. Core funding is provided by the governments of Canada and the Netherlands.