New publication on the expert workshop on formalization processes in the extractive sector as part of state- and peace-building strategies
The event brought together international experts from research and practice to discuss the main challenges of current formalization processes in the small-scale mining and forestry sector and to look for viable solutions to some of them.
Small-scale resource extraction is an important source of livelihood for millions of people in the Global South. At the same time, it is associated with many social and environmental problems. In this context, formalization should address both risks and potentials. However, most current formalization processes face challenges, as they are often neither adequately designed nor implemented.
The expert roundtable emphasized the need to understand formalization as a process that encompasses more than the legalization of informal extractive sectors. To contribute to state- and peace-building, formalization must also support the actors involved in obtaining the necessary competencies and permits to conduct extractive activities in accordance with national regulations and international standards while increasing their earnings.
New publication on the expert workshop on formalization processes in the extractive sector as part of state- and peace-building strategies
The event brought together international experts from research and practice to discuss the main challenges of current formalization processes in the small-scale mining and forestry sector and to look for viable solutions to some of them.
Small-scale resource extraction is an important source of livelihood for millions of people in the Global South. At the same time, it is associated with many social and environmental problems. In this context, formalization should address both risks and potentials. However, most current formalization processes face challenges, as they are often neither adequately designed nor implemented.
The expert roundtable emphasized the need to understand formalization as a process that encompasses more than the legalization of informal extractive sectors. To contribute to state- and peace-building, formalization must also support the actors involved in obtaining the necessary competencies and permits to conduct extractive activities in accordance with national regulations and international standards while increasing their earnings.