.@ECA_OFFICIAL Antonio Pedro critically engages with concept of formalization, noting it is a complex process. Asks any examples of successful formalization? Mr. Kamara from Min of Env. #SierraLeone notes linking global benchmarks & national #development strategies as helpful.
.@ECA_OFFICIAL Antonio Pedro pointedly asks: are we romanticizing #ASM with regard to actual impacts on poverty alleviation or are we stuck in the same paradigm? @PactWorld Jordan de Haan respond #livlihoods improvement is a challenge, but anecdotal evidence suggests + impacts.
.@J_McQuilken@PactWorld adds that #formalization that #SDGs provides a framework for ratcheting up the #ASM sector on the domestic policy agenda and to raise $ resources needed to successfully formalize.
Among @RMF_foundation recommendations is better alignment of #SDGs and #ESG reporting. How are investor standards platforms tackling this task? Watch out for some thoughts on this from @RajThamotheram & me via @IPEnews.
Panelist BrianChicksen responds to q from @ECA_OFFICIAL Antonio Pedro that unless firms re-imagine themselves as part of society, the transition from shareholder capitalism/short-termism to genuine stakeholder capitalism will remain a myth. #SDGs
.@J_McQuilken from @PactWorld speaks to the need for #juniors to improve level of trust , this role may be better placed with the state, when reflecting on linkages between #ASM & #LSM
.@RMF_foundation's Helene de Villiers-Piaget notes very few miners engage in identifying "neighbourliness" when #ASM miners are in their purview and virtually none see this as falling in their sphere of responsibility.
Brian Chicksen optimistic about working & living in harmony between #ASM and #LSM, opportunities go beyond use of existing capability within the mine. For example, land not planned for exploration within tenement can be allocated to #ASM miners & skills transfer to reduce impact.
On now, Dave Perkins of @dialogues360 presenting results of study on 5 #ASMecosystems in #SouthAfrica. #Data variability is a persistent research challenge and also needs coordination across partners in the ecosytem. @DelveASM confirms this as a problem of global scale.
Cost of compliance, lack of access to capital, markets & weakened institutional support to #ASM sector in #SouthAfrica are validated as barriers in this sector. Impact of these factors pale in comparison to the policy/ reg vacuum w/in whichsector operates. Policy schizophrenia.
.@dialogues360 argues, and I concur, that time is of the essence in influencing the new policy process launched by the government of #SouthAfrica on formalizing the #ASM sector, ideally convened by a neutral, honest broker party.