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4A.1 About SED

Contents in this section:

SED principles

All SED projects should align with the key principles outlined in Table 4A.2.

TABLE 4A.2 SED principles

Lifecycle planning

SED planning and implementation applies across the asset lifecycle. The scope and scale of SED projects should be commensurate to site risks and potential impacts and should consider available resources.

BOX 4A.2 Closure Planning: Social Transition

SED planning must take into consideration the mine’s social-transition success criteria and post-mining land-use plan throughout operations. SED activities are one of the key mechanisms for delivering social-transition success criteria such as economic diversification and reduced long-term dependency on mining.

SED projects must avoid creating additional dependencies on the mine and should always have a clear exit strategy. The intention is to avoid having any ongoing costs related to SED programming after closure. Embedding SED opportunities in public development planning and improving capacity of local authorities will enhance their sustainability beyond the life of mine.

Collaborative Regional Development (CRD) planning of SED applies across the whole asset lifecycle and is a key approach in helping communities and local authorities to effectively manage social transition. Taking a wider geographic view and long-term perspective, CRD opens opportunities to foster sustainable SED beyond mining in partnership with other organisations. Based on a rigorous spatial analysis, CRD allows us to identify value chains with high-impact potential in order to reduce the region’s dependency on mining. Social-transition success criteria and CRD planning and objectives need to be aligned.

Local SED and CRD SED activities that support social transition should be included in the Mine Closure Plan. For further guidance on SED planning related to mine closure, please refer to the Mine Closure Toolkit and CRD guidance note (see 4A.4 Tools and Guidance Notes).

4A Socio-Economic development (SED) | 4A.1 Introduction
4.Impact and risk prevention and management  |  4A Socio-Economic development (SED)  |  4A.1 Introduction