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What is IFC CommDev?
• $12 million fund • Focus on sustainable benefits
to communities from Extractive Industry
• Offers capacity building, technical assistance, tool development and information sharing
• Global, but emphasizes Africa (60%)
Results of IFC CommDev
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Increased the impact of extractive industry revenues
on poverty reduction in Peru and Colombia
Increased women in the workforce
at Lonmin
Built capacity in Ghana for
multistakeholder planning
Raised standard of participatory
processes inEI community development
Delivered capacity building directly to companies to
implement strategic, sustainableapproaches
Delivered public goods on risk
mitigation, indicators, and participatory
planning
Built CommDev.orgfor practitioners tolearn and engage
Developed nationalframework
for communitydevelopment
in Guinea
Improved M&E frameworks for
IFC clients
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Spotlight: Lonmin
• Increased number of local suppliers and the value of Lonmin’s local procurement contracts - 30 local suppliers received 165 contracts worth US$43.3m.
• Generated a 42% jump in Lonmin’s female workforce through the Women in Mining program.
• Developed project planning process for Lonmin’s key stakeholders, resulting in +20 projects worth over US$12.1m addressing issues such as education, potable water, and agriculture.