World Bank Mining Policy

The World Bank’s Mining Policy aims to promote responsible and sustainable mineral development, balancing economic growth with environmental protection and social well-being. It encourages governments to establish transparent regulations, ensure fair revenue sharing, and minimize environmental impacts. The policy emphasizes community engagement, respecting indigenous rights, and promoting practices that prevent corruption and resource mismanagement. Overall, it seeks to help countries develop their mineral resources in a way that benefits society and safeguarding the environment for future generations.