Responsible Mineral Development Initiative
The RMDI is a true multistakeholder cooperation between the World Economic Forum and leading global experts in the field: coming as an initial idea out of the Global Agenda Council on the Future of Mining & Metals; working intensively with the World Bank Institute and the Commonwealth Scientific and Industrial Research Organisation in scoping and conducting research and consulting with representatives from the Forum’s Mining & Metals Industry Partner Group, the International Council on Mining and Metals, the International Finance Corporation, EITI, the International Bar Association, and the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development, as well as representatives from the public sector. It has collected the perceptions and suggestions of these stakeholders to serve as a basis for a framework for responsible mineral development.
It targets bolstering capacity so that communities and governments have the tools they need to realize the economic and social benefits of mining. It also recognises the benefits of proactive stakeholder engagement and the need to bolster capacity for conflict resolution—as a proactive strategy as well as a response to conflict.