BY SARAH CAVEN | MARCH 26, 2020
This report, produced by TDI Sustainability at the request planetGOLD, seeks to assist ASGM programs in accessing finance by better understanding the perspective of investors and the implications of ASGM’s status as a frontier investment sector. To assist in bridging the perspectives of the ASGM and finance worlds, key business and investment concepts are explored, including:
Through this report, we strive to move away from the continuing narrative of “barriers to finance” to focus on “action” and “access”, concluding with actionable recommendations to support ASGM projects in better targeting and securing the most appropriate investment and funding.
We draw on a range of expert perspectives, primary research and our experiences building The Impact Facility for Sustainable Mining Communities.
Authors: Sarah Caven, Assheton Carter, Ed Bowie
Supported by the Global Environment Facility and led by the United Nations Environment Programme, planetGOLD works in partnership with governments, the private sector, and ASGM communities in nine countries to significantly improve the production practices and work environment of artisanal and small-scale miners. By working to close the financing gap, supporting formalization, raising awareness, and connecting mining communities with mercury-free technology and formal markets, the programme aims to demonstrate a pathway to cleaner and more efficient small-scale gold mining practices that benefit everyone, from mine to market.
The planetGOLD programme is implemented in partnership with the United Nations Industrial Development Organization, United Nations Development Programme, and Conservation International.