- 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 following two reports are suggested reading as they provide a case for how the mining and oil and gas sectors can contribute to advancing the SDGs:
- Mining: Mapping Mining to the Sustainable Development Goals: An Atlas (2016) written by The Columbia Center on Sustainable Investment (CCSI), UN Sustainable Development Solutions Network (SDSN), United Nations Development Programme (UNDP), and the World Economic Forum.
- Oil and Gas: Mapping the oil and gas industry to the Sustainable Development Goals: An Atlas (2017) written by the United Nations Development Programme (UNDP), International Finance Corporation (IFC) and the International Petroleum Industry Environmental Conservation Association (IPIECA).
While ELLED can help advance a number of SDGs including SDG #1, #10, and #17, the most relevant to ELLED are SDG #8: Decent Work and Economic Growth as well as SDG #9: Industry, Innovation, and Infrastructure.
All of the content on the ELLED Framework addresses the harnessing of extractive industry activity towards these SDGs. To explore, use the six main topics presented on the main page of the ELLED Framework.