Failure to build organisational strength.
Incentivising access to capacity development resources
Favouring progress over performance, the Impact Escalator is our model for artisanal and small-scale mining (ASM) capacity development.
A staged approach, it builds organisational capacity over time and so avoids overburdening mines with unreasonable expectations – and debt. As small mines champion improvement on the ground, they gain access to larger grants and loans, continued technical assistance and higher premiums in international markets. This gives mines a real incentive to invest time and effort into adopting best practices.
Every organisation must show measurable improvements in their environmental, social and governance (ESG) practices before moving onto the next stage.
In our experience, as mines receive capacity-building support their performance improves – and positive change and development impact follows.
Long Term Impact
An inclusive approach
There are no inherent barriers to participation. Mines of different sizes and at different points in their sustainability journey can join, and the stages can be tailored to each organisation.
Measurable results range from increased productivity to health and safety improvements to reductions in human rights abuses.
Beyond increased productivity and profitability, mines enjoy key business-building benefits including improved business literacy and technical knowledge.
See our capacity development approach in action
BUILDING A FRONTIER IMPACT INVESTMENT SECTOR – THE PATH FORWARD FOR ARTISANAL AND SMALL SCALE MINING – PART 1
The artisanal and small-scale mining (ASM) sector is largely unknown or poorly understood by the finance world. There is a perception held by many that
Following the cancellation of OECD’s Forum on Responsible Mineral Supply Chains scheduled to take place in Paris this April, Solidaridad and The Impact Facility are