Regional workshop on fiscal reforms in the extractive sector for sustainable development

7-8 December 2016, Bangkok, Thailand – Representatives from national governments, international and regional organizations, industry, civil society, and other experts gathered in Bangkok to discuss and share experiences with fiscal frameworks in the extractive sector and how these can be reformed to better support sustainable development. The workshop on ‘Financing for the Sustainable Development Goals (SDGs): The role of fiscal reforms, revenue management and sovereign wealth funds in the extractive sector’ was organized by the Green Fiscal Policy Network (a joint partnership between UN Environment, the International Monetary Fund (IMF) and the German Development Cooperation Agency (GIZ)) in collaboration with the UNDP-UNEP Poverty-Environment Initiative Asia-Pacific. In the context of discussions to mobilize finance for the 2030 Agenda for Sustainable Development, the workshop explored how to raise and use revenues from the extractive sector to support the delivery of the SDGs while reducing some of the negative environmental and social impacts of mining activities. The workshop brought together representatives from Australia, China, Germany, India, Indonesia, Lao PDR, Malaysia, Mongolia, Myanmar, Norway, Nepal, Philippines, Thailand, Timor Leste, and Vietnam, providing a valuable opportunity for countries in the Asia Pacific region to share knowledge, experiences and good practices on this topic. For further information on the workshop, please visit the event page.