The director of GlobalCAD, Fernando Casado, has highlighted the value of partnerships as a strategy to mitigate the effects of climate change, in an interview conducted by the Chilean magazine Nueva Minería & Energía.
Synergistic work between government, the private sector and civil society organizations is key to generating proactive intervention models in this area, he says.
Casado also points out that awareness of sustainability in corporate policies in Latin America has increased in the last decade.
As a result, there is a greater willingness to incorporate responsible resource extraction and participatory management systems.
Relevant initiatives and policies for the conservation of biodiversity have been launched. However, he considers that more partnerships are needed with public entities. This would help to face the challenges of climate change and achieve greater social and environmental impact.
In addition, the director of GlobalCAD points out that many private sector initiatives have contributed to the sustainable development and good environmental practices:
“Resource extraction is socially and environmentally viable when there is a will to generate change, use sustainable methods and respect the local social cohesion. It also generates economic benefits and favours the development of business models. This is the formula that should be considered to move forward.”
The magazine Nueva Minería & Energía is a benchmark for the mining and energy industry. It has more than a hundred editions that reflect current events and the main trends in the sector.
Image: Workers at Ministro Hales copper mine, in Antofagasta, Chile. Source: Codelco on Flickr (CC BY-NC-ND 2.0)