Incentivizing Clean Technology in the Mining Sector in Latin America and the Caribbean: The Role of Public Mining Institutions
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How can LAC governments promote the use of clean and green technology in the mining sector and what are the supporting instruments, regulations, infrastructure and institutional aspects that are needed to reinforce this role within public supervisory mining agencies? This technical note explores opportunities for incentivizing cleaner technologies in mining in Latin America and the Caribbean (LAC) region. It focuses on two aspects: key conceptual notions related to clean technologies/process in mining and the practical efforts required by governments to monitor and regulate their use in LAC. It showcases the case of Bolivia, Guyana, and Peru, and identifies specific avenues for the improved capture of economic value from mining, while minimizing negative environmental and social impacts.