- Harnessing ELLED to advance the SDGs
Harnessing ELLED to advance the SDGs
Extractives-led local economic diversification (ELLED) is a key lever to advance the Sustainable Development Goals (SDGs). The aim of ELLED policies and other government programming is to maximize the potential for natural resource activity to create local benefits, and leverage these projects to create growth in the wider economy. The Columbia Center on Sustainable Investment (CCSI), UN Sustainable Development Solutions Network (SDSN), United Nations Development Programme (UNDP), and the World Economic Forum released a report Mapping Mining to the Sustainable Development Goals: An Atlas July 2016. Similarly, the United Nations Development Programme (UNDP), International Finance Corporation (IFC) and IPIECA launched a joint report, Mapping the oil and gas industry to the Sustainable Development Goals: An Atlas July 2017. Both reports show how each sector can contribute to advancing the SDGs. While ELLED can help advance a number of SDGs including SDG #1, #10, and #17, most relevant to ELLED are #SDG 8: Decent Work and Economic Growth as well as #SDG 9: Industry, Innovation, and Infrastructure.
Essentially all of the content in the ELLED Framework addresses the harnessing of extractive industry activity towards these SDGs. To explore all of these aspects of ELLED, use the six main topics presented on the main page of the ELLED Framework.