Beyond Extraction: Economic Opportunities in Mining Communities

The overall goal of the project is to create economic growth and increase socio-economic benefits for local communities that host natural resource extraction. The model will have a systemic approach that implements strategic capacity building investments for enterprising men, women and youth within areas of influence of Anglo American in Brazil, Chile and Peru.

Project Detail

Country

Regional

Project Number

RG-M1300

Approval Date

July 27, 2016

Project Status

Implementation

Project Type

Container

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Lending Instrument Code

Modality

MIF Program (MIFP)

Facility Type

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 5,845,210.00

Country Counterpart Financing

USD 3,865,210.00

Original Amount Approved

USD 1,980,000.00