World Investment Report: Transnational Corporations, Extractive Industries and Development

This Report by the United Nations Conference on Trade and Development recognises the importance of extractive industries to the development of many nations but seeks to ensure that the vast mineral resources located in some of the world’s poorest countries become a force for sustainable development. The challenge is to develop frameworks that create incentives for local and foreign firms to produce efficiently while at the same time respecting environmental and social requirements of local communities and society at large. "A win-win situation can result if various minerals are produced efficiently and if host countries, with the support of various other stakeholders, can make the revenues generated work more effectively for sustainable development and poverty alleviation.