World Bank Mining Strategy

The World Bank's Mining Strategy focuses on promoting responsible and sustainable mineral resource development in developing countries. It aims to maximize economic benefits while minimizing environmental impacts and ensuring social fairness. The strategy supports transparency, good governance, local community engagement, and environmentally sound practices. It also encourages countries to build capacity to manage mining activities effectively, reduce risks, and leverage mineral revenues for long-term development. Overall, the goal is to ensure mining contributes positively to economic growth and social well-being without compromising environmental integrity.