Developpp.de - Raw materials

Raw materials

In some fifty developing countries, mineral resources account for more than ten percent of gross domestic product (GDP), and hence constitute a major economic factor. These vast deposits of non-renewable mineral resources – such as iron ore, copper and oil – can contribute significantly to the economic and social development of these countries. Yet, if the nation is badly governed, the opposite will often prove true: the dependence of many governments on revenue from mining raw materials can breed corruption, undermine the rule of law and create high potential for conflict.

The private sector is in a position to help ensure that mineral deposits are used to promote sustainable development in these countries. This competition is therefore aimed at enterprises that want, for example, to implement programmes promoting the establishment of local, stable supply chains, employment programmes fostering occupational health and safety in mines, or measures to increase the traceability of raw materials through certification. It is also aimed at companies that are planning other projects that address issues concerning raw materials and governance.

Forms to enter the competition (available in German and English)