Unlocking Data Innovation for Social License in Natural Resources

This discussion paper is a product of the From Disclosure to Development (D2D) program, led by the sustainable infrastructure advisory team of the International Finance Corporation (IFC). The program, launched in 2017, is funded by the BHP Foundati...

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Main Author: International Finance Corporation
Format: Working Paper
Language:English
Published: International Finance Corporation, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/387551580985868721/Unlocking-Data-Innovation-for-Social-License-in-Natural-Resources-Discussion-Paper
http://hdl.handle.net/10986/33299
id okr-10986-33299
recordtype oai_dc
spelling okr-10986-332992021-05-25T09:32:21Z Unlocking Data Innovation for Social License in Natural Resources International Finance Corporation NATURAL RESOURCES MANAGEMENT ACCOUNTABILITY DATA INNOVATION SOCIAL LICENSE INDIGENOUS PEOPLE TRANSPARENCY DATA VALUE CHAIN This discussion paper is a product of the From Disclosure to Development (D2D) program, led by the sustainable infrastructure advisory team of the International Finance Corporation (IFC). The program, launched in 2017, is funded by the BHP Foundation and implemented in collaboration with the World Bank. It builds on more than a decade of IFC and World Bank experience in natural resources transparency and open data. The program’s goal is to enhance benefit sharing with communities from investment in natural resources through effective disclosure and data-use practices. D2D develops and tests new approaches, partnerships, and platforms aimed at improving the ways in which companies and governments disclose data, so that communities and other stakeholders can use it to inform their decisions and actions. The social license to operate (SLO) refers to the ongoing acceptance of a company or industry’s standard business practices and operating procedures by stakeholders, local communities, and the general public. Transparency and community engagement can also create the foundations for developing proactive systems for companies to recognize and address community concerns and create tangible programs to improve planning with host communities, governments, and civil society. The goal is to establish social value that is measurable and verifiable and emphasizes the issues that matter to different groups of stakeholders. 2020-02-06T22:06:12Z 2020-02-06T22:06:12Z 2020-01 Working Paper http://documents.worldbank.org/curated/en/387551580985868721/Unlocking-Data-Innovation-for-Social-License-in-Natural-Resources-Discussion-Paper http://hdl.handle.net/10986/33299 English CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic NATURAL RESOURCES MANAGEMENT
ACCOUNTABILITY
DATA INNOVATION
SOCIAL LICENSE
INDIGENOUS PEOPLE
TRANSPARENCY
DATA VALUE CHAIN
spellingShingle NATURAL RESOURCES MANAGEMENT
ACCOUNTABILITY
DATA INNOVATION
SOCIAL LICENSE
INDIGENOUS PEOPLE
TRANSPARENCY
DATA VALUE CHAIN
International Finance Corporation
Unlocking Data Innovation for Social License in Natural Resources
description This discussion paper is a product of the From Disclosure to Development (D2D) program, led by the sustainable infrastructure advisory team of the International Finance Corporation (IFC). The program, launched in 2017, is funded by the BHP Foundation and implemented in collaboration with the World Bank. It builds on more than a decade of IFC and World Bank experience in natural resources transparency and open data. The program’s goal is to enhance benefit sharing with communities from investment in natural resources through effective disclosure and data-use practices. D2D develops and tests new approaches, partnerships, and platforms aimed at improving the ways in which companies and governments disclose data, so that communities and other stakeholders can use it to inform their decisions and actions. The social license to operate (SLO) refers to the ongoing acceptance of a company or industry’s standard business practices and operating procedures by stakeholders, local communities, and the general public. Transparency and community engagement can also create the foundations for developing proactive systems for companies to recognize and address community concerns and create tangible programs to improve planning with host communities, governments, and civil society. The goal is to establish social value that is measurable and verifiable and emphasizes the issues that matter to different groups of stakeholders.
format Working Paper
author International Finance Corporation
author_facet International Finance Corporation
author_sort International Finance Corporation
title Unlocking Data Innovation for Social License in Natural Resources
title_short Unlocking Data Innovation for Social License in Natural Resources
title_full Unlocking Data Innovation for Social License in Natural Resources
title_fullStr Unlocking Data Innovation for Social License in Natural Resources
title_full_unstemmed Unlocking Data Innovation for Social License in Natural Resources
title_sort unlocking data innovation for social license in natural resources
publisher International Finance Corporation, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/387551580985868721/Unlocking-Data-Innovation-for-Social-License-in-Natural-Resources-Discussion-Paper
http://hdl.handle.net/10986/33299
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