International Finance Corporation
Mining companies are increasingly concerned about water risk at all levels: physical, regulatory, reputational and investor. Sixty-eight percent of mining-specific cases reviewed by IFC and MIGA’s Compliance Advisor Ombudsman (CAO) Office have a water dimension. Water, more than any other natural resource, should be approached and valued from multiple perspectives. This paper presents the Water, Mining and Communities Framework, which focuses on integrating technical and social approaches to sustainable water management with a goal to achieve co-management of water between various stakeholders.