As part of the activities carried out under the OECD horizontal initiative for Policy Dialogue on Natural Resource-based Development Policy Dialogue on Natural Resource-based Development (PD-NR) OECD and non-OECD government representatives, extractives industries and civil society organisations have joined up efforts to better understand how they can work together to leverage extractives to support long-term, competitive, diversified and sustainable development, thus contributing to the achievement of the new Sustainable Development Goals.
A multi-stakeholder Drafting Committee was set up in January 2015 with the task to produce an advanced draft of the Operational Framework on Public-Private Collaboration for Shared Resource-based Value Creation. The Drafting Committee is composed of Liberia and Norway, as co-chairs, Switzerland, South Africa, African Union Commission, Anglo American, Antofagasta Minerals, Chilean Mining Council, Columbia Center on Sustainable Investment, Eni, Exxon Mobil, ICMM, IPIECA, Shell, Social Clarity, and Total.
The Operational Framework articulates the sequencing of actions needed to assist with integrated policy making and the formulation and implementation of collaborative strategies to create shared value. It distinguishes the roles and responsibilities of host governments and extractives industries, supportive of shared governance mechanisms designed to improve efficiency, foster participation and mutual accountability.
Earlier drafts of the Framework were submitted for consideration during the Multi-Stakeholder Consultations of the Third and Fourth Meetings of the Policy Dialogue on Natural Resource-based Development held on 17 November 2014 and 29 June 2015 at the OECD in Paris.
The OECD Development Centre invites public comment on the advanced draft Framework. Comments received will inform revisions to the Operational Framework by the Drafting Committee. The final text will be submitted to participants in the Policy Dialogue for possible endorsement during the Fifth Meeting of the Policy Dialogue scheduled for 2-3 December 2015 at the OECD Conference Centre in Paris. Read more about how public-private collaboration can help maximise development outcomes from natural resources on our development posts.
Advanced draft of the Operational Framework on Public-Private Collaboration for Shared Resource-based Value Creation (PDF)
Comments should be sent to DEV.NaturalResources@oecd.org by 30 October 2015