Closing remarks

Although oil, gas, and mining industries make major economic contributions to many countries, they have not always been linked in the past with successful or sustainable development. In order to better understand how these industries can have a positive impact on lesser-developed countries, a workshop on “Sharing Experience: Enhancing the Benefits to Communities from Extractive Industry Projects” was held at the International Finance Corporation (IFC) headquarters on June 19, 2006. In this closing session, chaired by CommDev Manager Dafna Tapeiro, the chairs from each breakout session described their respective panel discussions and noted how the issue of monitoring emerged. Rashad Kaldany, Director for the IFC/World Bank Oil, Gas, Mining, and Chemicals Department, gave some brief remarks.