Background
As a follow-up to a conference on “Foreign Direct Investment and the Environment”, held in The Hague in January 1999, the OECD organised a major conference to focus on the mining sector. This event took place on 7 and 8 February 2002, in Paris under the umbrella of the CCNM Global Forum on International Investment .
Objectives
The conference aimed to shed further light on the broader linkages between FDI and the environment in a sector, that is of particular importance for the economy in many developing countries, and where environmental concerns have frequently been voiced. It is intended to use the focus on the mining sector to derive broader lessons for the FDI – environment linkage. The conference deliberations focused on how best to integrate environmental and investment goals, ensure that environmental protection and investment liberalisation are mutually supportive and explore the significance of voluntary business approaches in encouraging ‘best environmental practice’. More importantly, by addressing these issues, the conference provided inputs to the World Summit on Sustainable Development in Johannesburg in September 2002.
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