Sustainability - integrating environmental, social, and corporate governance issues with financial and economic factors – has become IFC’s way of doing business. Focusing on these areas makes sense for businesses in Latin America and the Caribbean. It demonstrates their commitment to social responsibility and helps build stronger, more broadly based economies.
Through the Enhancing Local Benefits (ELB) business line, IFC Advisory Services in Latin America and the Caribbean works to promote sustainability. This business line comprises three lines of action to enhancing the development performance of large investments from oil, gas and mining sectors:
- Revenue Management: Improve local public investment performance financed by royalty transfers.
- Social Accountability: Empower civil society to help local governments become socially accountable.
- Development Guidance: Improve the effectiveness of efforts undertaken by local governments and investment companies.
COUNTRY | PROJECT | DESCRIPTION |
CURRENT PROJECTS |
Argentina | | Promoting economic opportunities in communities near PAE’s Acambuco gas operations.
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Bolivia | | Enhancing the commercial viability of 4 community based agri-projects financially assisted by the Indigenous Development Plan's Support Program implemented by Transierra S.A.
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Brazil | | Improving the competitiveness of a targeted group of 50 MSMEs working in the plastic sector in the greater ABC region of Sao Paulo.
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Colombia | | Supporting the local management of royalties from Colombia's oil sector.
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Peru | | Improving the use of recently generated oil royalties derived from business activities in the Regional Peruvian Government of Tumbes.
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Peru | | Improving local public investment performance.
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Peru | | Empower civil society to help local governments become socially accountable.
Please, find below the available publications of the MIM Peru Newsletter:
MIM Peru Newsletter - March 2008
MIM Peru Newsletter - December 2007
Taking EITI to the Sub-National Level
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PREVIOUS PROJECTS |
Colombia | | Identifying best practices for supplier/distributor chain development programs with local small businesses.
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Peru | | Enhancing local government capacities for better access, allocation and management of the Mining Canon generated by mining operations.
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Peru | | Increasing the local benefits of IFC investments in Orient Express/Peru Rail for local producers/service providers.
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Peru | | Identifying best practices for supplier/distributor chain development programs with local small businesses.
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