Finance, Mining and Sustainability: Exploring Sound Investment Decision Processes Governmental Views on Achieving Sustainability

Document begins: Finance, Mining and Sustainability: Exploring Sound Investment Decision Processes Governmental Views on Achieving Sustainability by Keith J. Brewer Department of Natural Resources Ottawa, Canada Conference Organized by: The United Nations Environment Programme The World Bank Group The Mining, Minerals, and Sustainable Development Project Paris, France January 14-15, 2002 Natural Resources Ressources naturelles Canada Canada Canada Governmental Views on Achieving Sustainability Current Global Environment Needs of Private Sector Investors Government Measures for Economic Sustainability Government Measures for Environmental Sustainability Government Measures for Social Sustainability Framework for SD - Theory and Practice Conclusions 2 Natural Resources Ressources naturelles Canada Canada Canada 1 Metal Prices 1971-2000 Indexes: 1971 = 100 400 350 300 250 200 150 100 50 0 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998 Nominal Real Linear (Real) 3 Natural Resources Ressources naturelles Canada Canada Canada Sources of Equity Financing for Mineral Exploration and Development, 1997-2000 Billions of Canadian dollars 5 Canada United Kingdom 4 Australia United States 3 South Africa 2 1 0 1997 1998 1999 2000 Sources: Toronto Stock Exchange, Natural Resources Canada, Securities Data Co., FP Data Group, Gamah. 4 Natural Resources Ressources naturelles Canada Canada Canada 2 Sources of Equity Financing for ...