The World Bank Group, Energy & Extractives Global Practice
March 1, 2015
Room 206D, 2:00 pm – 6:00 pm
Mining investment has grown exponentially in Latin America over the past decade. In 2013, Latin America received 27 per cent of global exploration spending and it is set to receive up to US$200 billion in new investment up to 2020. But at the same time, in the first eight months of 2014, Chile and Peru saw a significant decline in foreign investment as mineral prices declined. The World Bank is working with countries throughout the region to “look beyond the boom” and see how they can strategize to soften the impact of the downturn, while simultaneously managing elevated expectations along with environmental and social concerns.
The discussion will focus on:
- Determinants of investment attractiveness in mining in Latin American countries.
- Strategies that Latin American governments consider pursuing when planning the development of their respective mining sector.
- Building up institutional and regulatory capacity to deal with growing environmental and social demands.
2:00 pm -- Welcome by Paulo de Sa, Sector Manager, Energy and Extractives Global Practice, The World Bank Group
2:15 pm -- “Planning in an uncertain future: Mining Policies and Scenarios” will feature high level authorities from ministries of mines as well as experts on energy investment to discuss the recent deceleration in mining investment and the unique challenges governments face in developing national mining policies.
4:00 pm --“Addressing Environmental and Social Demands linked to New Investments” will feature ministers of mines from countries such as Peru, Colombia and Panama to discuss the lessons they have learned in promoting active engagement of all relevant stakeholders around mining development and in monitoring operations to ensure that mining is conducted responsibly.
All are welcome. Registration is not required.
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