Better together: Supporting due diligence and transparency in the ASM sector in the Sahel

Over recent years, the artisanal and small-scale mining sector has received unprecedented levels of interest from producing governments, to consumer-facing companies sourcing components globally, to international NGOs calling for responsible sourcing of minerals used in batteries and electric vehicles. And with good reason. Artisanal and small-scale miners supply an increasing share of the world’s production of various commodities, such as construction minerals, precious stones, gold and cobalt. The industry employs an estimated 42.6 million people globally. To help maximise the contribution of the ASM sector to local economies, the OECD and the Extractive Industries Transparency initiative work together with actors from producing nations.

Unlocking the full potential of sustainable finance

Environmental, Social and Governance (ESG) investing has grown considerably and is fast becoming mainstream. Yet market participants across the board are missing the relevant, comparable ESG data they need to properly inform decisions, manage risks, measure outcomes, and align investments with sustainable, long-term value. OECD's Greg Medcraft summarises the findings in the 2020 OECD Business and Finance Outlook.

Foreign direct investment during the pandemic: A buffer for jobs?

The Covid-19 pandemic has caused a global humanitarian, social and economic crisis. Poverty will rise for the first time since 1998, with hundreds of millions of jobs lost and livelihoods affected. Many of the jobs affected by the pandemic depend on investments and operations of multinational enterprises (MNEs) and their buyers and suppliers in global value chains. But foreign direct investment (FDI) is estimated to fall by at least 30% in 2020 – meaning that fewer jobs than expected have been and will be created.