The Oil, Gas and Mining Sustainable Community Development Fund (CommDev) is a funding mechanism for practical capacity building, training, technical assistance, implementation support, awareness-raising, and tool development.
Operating flexibly and efficiently, CommDev serves as an integral component of an extractive industry project, enhancing, accelerating, and extending the value-added support given to communities beyond the compliance requirements of IFC investment projects and World Bank loans.
CommDev promotes trilateral partnerships among communities, local governments, and extractive industry companies to develop not only immediate win-win-win benefits but strategic, sustainable solutions that will, over time, effectively reduce poverty and create further opportunities for the extractive industry community. It seeks to be both a knowledge and funding resource for community development in this sector, drawn from the experience of partner institutions and CommDev-funded projects. Our goal is to “raise the bar” on how community development is implemented.
Related Items
At IFC Workshop, Key Stakeholders in Africa’s Extractive Industries Agree that Collaboration is Critical to Successful Community Development
Companies, local communities, and governments must work together to ensure that people benefit from oil, gas, and mining projects in Sub-Saharan Africa, if the industry is to continue expanding in the region, experts agreed at a recent workshop held in Ghana. The workshop was led by IFC, a member of the World Bank Group.
Companies Learn to Reach Out to Host Communities through IFC CommDev
Practicing Sustainable Community Development: Launching the CommDev Information Clearinghouse
At CommDev’s request, BSR’s Energy and Extractives team created “Community Development in Practice,” a series of briefs that serve as the site’s primer for all stakeholders on the practice of community development in the extractives context. The briefs draw together the best of our team’s research and experience in designing and implementing strategic community development projects with our oil, gas and mining member companies. They provide an overview of seven key themes in community development:
CommDev 1-pager Briefing
A 1-pager briefing on CommDev featuring case studies, project highlights, funding criteria, current / products under development and an introduction to the Information Center.
CommDev Brochure
This brochure provides background information on the Oil, Gas and Mining Sustainable Community Development
Fund (CommDev), the need for CommDev, key business lines, how we work with companies, the online Information Clearinghouse and criteria for funding projects.
Oil, Gas and Mining Sustainable Community Development Fund Presentation
A Power Point Presentation on CommDev featuring general information including the background, key themes, CommDev- funded projects, learning products, project cycle, CommDev stages, and strategies.
