United Nations Resource Management SystemRewriting the resource development story

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IGF AGM 2018

The Triad

2

The Sword of Damocles The Phoenix The Hydra

Source: Nassim Nicholas Taleb (2012) Antifragile: Things That Gain From Disorder

Mining and the societyEroding thrust and confidence

3

4

The ChallengeCan the focus be pivoted to good social outcomes?

Public perceptions may not always align to common industry usages

Resources Value ChainA chain or nested dolls?

5

Exploration Evaluation Development Production Processing End service

Policy, legal and contractual framework

Sector organization

and regulatory institutions

Fiscal design and

administration

Revenue management

and distribution

Sustainable development

implementation

Institutional mechanisms

Commercial operations

• New business models needed to: • Discover of “clusters of

value”• Value-added mineral

products and services• Comprehensive

recovery• Secondary resources

from “wastes” – Zero waste

• Water resources• Forest resources• Land resources• Soil resources

Value beyond minerals

6

From fragile to resilient to antifragile

United Nations Resource Management System

7

• Overarching SDG framework

• With reworked United Nations Framework Classification for Resources (UNFC) as the core –Project based

• Joins Minerals, Petroleum, Renewable energy, Anthropogenic Resources (secondary resources) and Injection Projects

• Long-term policy making

• Shorter-term actions - make resource projects competitive through innovative approaches

• Efficient financial capital allocation

• Reduce environmental burden, carbon foot-print

• Increase collaboration globally

Sustainable Development Goals

UNFC Resource Management

Principles

Generic Specifications

Environmental and Social Guidelines

Sectoral Management

Specifications and Guidelines

Best PracticesCompetent

Persons

Public disclosure

CodePartnership

A new good story for the minerals sector?

To meet objectives of 2030 Agenda,

resources need to be available in an

affordable and timely manner

UN Resource Management System tool-kit

will support:

• Policymaking• National resource management• Business process innovation• Capital allocation and financial

reporting• Sustainable development

implementation

Focus on Resource ProgressionResource projects have to progress in a timely manner

8

A Global WorkspaceBeyond the Dogma of a Single Metric

9

UN Resource Management

System

Policy

Metallurgical

Environment

Value-addition

Infrastructure

Marketing

Legal

Revenue

Site Closure

Remediation

External costs

SD Implementation

Exploration

Economic

Processing

Refining

Sorting

Secondary resources

Safety

Fiscal

Human Resources

Mining

Cross-sectoral Partnerships

Regulatory

Social

Comprehensive recovery

UNRMS for the WorldThe Hydra?

10

• UNFC-UNRMS for Africa, African UnionCommission initiative to develop and implement a unique continental system for the sustainable management of mineral and energy value chain in Africa

• UNFC-UNRMS for Europe, European Commission led initiative harmonizing the classification and management of raw materials in Europe

• UNFC for Eurasia and Asia-Pacific, connecting the vast and diverse Eurasian landmass and Oceania

• UNFC-UNRMS for the Americas, a comprehensive system sensitive to indigenous cultures and diverse environments of the Americas

Delivered with a new perspective and over 25 years of experience in developing a universal standard for resource management

UNRMS Network

Africa CoE

The Americas

CoE

Eurasia CoE

Asia-Pacific

CoE

National CoE

Europe CoE

Thank you!Harikrishnan Tulsidas

Economic Affairs Officer

UNECE

Date 12 I 11 I 2018, Kiev

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