World Bank Group

This report provides a summary of World Bank Group (WBG) activities in the extractive industries (EI) sector in FY15. The WBG’s objective in the extractive sector is to ensure that natural resources contribute positively to inclusive economic growth and sustain-able development. The WBG engages along the extractive industries value chain to help ensure these objectives. IBRD and IDA offer support directly to governments, and IFC and MIGA engage with the private sector, supporting investment in new or expanded physical capacity and seeking to engender best practices. Through its advisory work, IFC also aims to enhance the shared benefits from EI investments with local communities and stakeholders.