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dc.titleDigitalization in the Extractive Sector: A Comparative Analysis of the Andean Region
dc.contributor.authorRentería Palomares, Zaira
dc.contributor.authorGutiérrez García, Jorge
dc.contributor.authorPerdomo Rodríguez, Daniel
dc.contributor.orgunitCountry Department Andean Group
dc.date.available2022-12-21T00:12:00
dc.date.issue2022-12-21T00:12:00
dc.description.abstractGlobal efforts to achieve the climate goals specified in the Paris Agreement pose major challenges for the global production system, because demand for clean fuels, metals, and minerals will increase considerably in the coming decades. This trend is the main driver for extractive companies transformations of their production systems to maintain their profitability and operability in the face of an increasingly stringent context in economic, environmental, and social terms. Hence, the adoption of digital technologies appears as a unique opportunity that would enable the industry to meet the challenges posed by the energy transition that is looming. In this challenging context, companies in the extractive sector have started to rethink not only their internal operations, but also the ways in which they interact with communities, the environment, and public opinion.
dc.format.extent84
dc.identifier.doihttp://dx.doi.org/10.18235/0004675
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Digitalization-in-the-Extractive-Sector-A-Comparative-Analysis-of-the-Andean-Region.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectScience and Technology
dc.subjectDigital Technology
dc.subjectExtractive Industry
dc.subjectLoan Operation
dc.subjectEconomy
dc.subjectEnvironmental, Social and Governance
dc.subjectPetroleum
dc.subjectEnergy
dc.subjectIndustry
dc.subjectTransparency and Anticorruption
dc.subjectProductive Transformation
dc.subject.jelcodeL71 - Mining, Extraction, and Refining: Hydrocarbon Fuels
dc.subject.jelcodeL72 - Mining, Extraction, and Refining: Other Nonrenewable Resources
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.subject.jelcodeQ35 - Hydrocarbon Resources
dc.subject.jelcodeQ42 - Alternative Energy Sources
dc.subject.jelcodeQ48 - Government Policy
dc.subject.keywordsscience and technology;digital technology;Extractive Industry;Energy Transition;Mining;Automation;ESG;blockchain;Social Impact;Transformacion productiva;Productive Transformation;digitalizacion;digitalization;Region Andina;Andean Region;Andean countries
dc.typeMonographs
idb.identifier.pubnumberIDB-MG-01065
idb.operationRG-T3717
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