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CommDev: The Oil, Gas, and Mining Sustainable Community Development Fund

by Rachel Stallings last modified Aug 10, 2016 11:03 AM
Contributors: World Bank IFC

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. For a broader review of online mapping initiatives related to the sector see: http://sites.google.com/site/mymoxi/mapping-projects

The link address is: http://www.commdev.org/

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