EGPS Umbrella Trust Fund 2019-2025


The Extractive Global Programmatic Support umbrella trust fund aims to improve the ability and capacity of current and emerging resource-dependent developing countries in using their oil, gas and mineral resources transparently for poverty alleviation, economic diversification, and sustainable and inclusive economic growth.

Paese/Regione Tema Periodo Budget
Mondo
Economic and financial policy
01.10.2019 - 31.12.2025
CHF  7’000’000
Contesto

While natural resources, in particular, non-renewable resources promise prosperity, in reality, many developing countries fail to use them for the benefit of their population. High rents incentivize corruption and conflict. Exhaustibility of resources, and price and revenue volatility deteriorate macro-economic stability when poorly managed. Hence, resource rich developing countries often suffer from lower economic growth and higher conflict rates than their theoretically poorer neighbours. Strengthening accountability, economic resilience, and increasing local community benefits and environmental protection could change this situation.

Obiettivi

Improve the ability and capacity of current and emerging resource-dependent developing countries in using their oil, gas and mineral resources transparently for poverty alleviation, economic diversification, and sustainable and inclusive economic growth.

Effetti a medio termine

Improve sector revenue transparency and efficiency of public management systems mainly through supporting the Extractive Industries Transparency Initiative implementation

Promote evidence-based and effective regulation for the extractives sector to attract investments and ensure inclusive and sustainable development

Integrate the extractive industry into the local economy to foster structural economic development on the local and national level

Improve social and environmental performance of extractive industries, including artisanal and small scale mining, to benefit local communities, and mitigate impact on ecosystems

Risultati

Risultati principali attesi:  

Published EITI Reports

Finalized EITI Mainstreaming Plans

EITI data integration in Public Financial Management systems (mainstreaming) supported

Evidence-based draft policy, legal and regulatory frameworks supported

Training/workshops and outreach activities for Civil Society Organizations and other stakeholder-groups provided

Skills and local suppliers development programs, training and capacity building activities, especially to foster women?s participation provided

Global and local knowledge products provided and exchange organized

Multi-stakeholder dialogues on social, environmental, gender and health impacts of resource extraction conducted


Risultati fasi precedenti:  

Selected results:

- Support to EITI Implementation in more than 18 countries, including (i) publication of EITI Reports, (ii) building capacities of the EITI multi-stakeholder groups as well national EITI secretariats, (iii) communication and data dissemination about the EITI process and results to stakeholders, (iv) building capacities of civil society to engage more deeply on the extractives sector, and (iv) embedding the EITI process within the national legislative framework by providing support for formulation of draft EITI legislations

- Support to regulatory reform in eligible countries, e.g., Mining sector diagnostics (Colombia), Mining legislation (Armenia)

- Delve ASM platform (Knowledge product)

- African Mining Legislation Atlas AMLA (Knowledge product)

- The growing role of Minerals in a Low Carbon Future (Study)

- GeoChains - Local Economic Diversification (Analytical Tool)


Direzione/Ufficio responsabile SECO
Credito Cooperazione allo sviluppo
Partner del progetto Partner contrattuale
  • Banca mondiale - Banca internazionale per la ricostruzione e lo sviluppo


Budget Fase in corso Budget Svizzera CHF    7’000’000 Budget svizzero attualmente già speso CHF    0 Budget inclusi partner del progetto CHF    69’000’000
Fasi del progetto Fase 2 01.10.2019 - 31.12.2025   (Fase in corso)