The Future of Resource Taxation: 10 policy ideas to mobilize mining revenues
A handbook for policy-makers that presents a menu of innovative fiscal measures to strengthen revenue collection in the mining sector.
The mining sector is at the nexus of important global phenomena: climate change and the push to transition to a low-carbon energy, the development of new technologies affecting labour markets, and global momentum against inequality and for tax reforms. These trends are raising the importance of mining both for its mineral and financial outputs. In this context, governments need new and innovative fiscal measures to protect the public’s financial interests during the next generation of resource extraction.
The IGF partnered with the African Tax Administration Forum (ATAF) to rethink how developing countries benefit financially from their mineral resources. They launched The Future of Resource Taxation in 2020, a research project to discover how the existing system of mining taxation can be improved and identify new, innovative fiscal options for resource-rich countries to maximize the returns from their mineral wealth. The project crowdsourced and developed policy ideas from governments, civil society, academia, and industry. The end result is this handbook for policy-makers: The Future of Resource Taxation: 10 Policy Ideas to Mobilize Mining Revenues, which presents a menu of innovative fiscal measures to strengthen revenue collection in the mining sector.
Video Playlist | Policy Ideas in Two Minutes
The Future of Resource Taxation: A roadmap
This preliminary framework document explains the rationale for the IGF and ATAF's work on The Future of Resource Taxation. The roadmap is available in English, French, and Spanish.
You might also be interested in
Artisanal and Small-Scale Mining of Critical Minerals
This report examines the potential for artisanal and small-scale mining (ASM) to take an expanded role in the global supply of critical minerals.
Critical Minerals for Africa's Inclusive Growth and Development
Understanding Africa's critical minerals as a transformative opportunity to accelerate inclusive growth, industrialization, and regional integration.
IGF Case Study: Decarbonization of the Mining Sector
Case studies from Chile, Indonesia, and South Africa that delve into the role of the mining sector in efforts to reduce greenhouse gas (GHG) emissions.
Strategic Minerals for Africa's Industry
This series profiles several strategic minerals, covering demand, recycling, Africa's mining and refining share, trade risks, environmental, social, and governance (ESG) issues, as well as pathways for equitable resource-based industrialization.