Our value comes in the expertise that we make available to governments in mining and infrastructure. From our multidisciplinary network of nearly 100 experts, we offer countries the possibility to learn from other regions, to better understand potential options and to capitalize on the provided expertise to obtain a better deal, not only in the short-term, but also for the coming generation. Get a better deal this year and the pay-off is over a generation or more. That is value.
Factsheet “How to Request Support”
The CONNEX Support Unit provides direct support in response to requests from goverments of host countries in preparing for and conducting negotiations of new and existing projects. The detailed process of requesting support is outlined below.
“Promoting Development through Contract Negotiation Support”
Durable investment agreements in the extractive sector have long-lasting effects on the development potentials of partner countries. Not only can they reflect the development efforts and priorities of the host government; they can also contribute substantially to their achievement and help provide the financial resources required to finance the progress on reaching the Sustainable Development Goals (SDGs).
The CONNEX Support Unit, with its focus on multidisciplinary support to governments of partner countries when they negotiate with mining investors, places development, in its multiple facets, at the core of its support activities.
“CONNEX: Helping to Make Foreign Direct Investments More Sustainable”
Foreign Direct Investment (FDI) is crucial for sustainable development, especially in developing countries and economies in transition. According to UNCTAD’s World Investment Report 2014, global investment needs are in the order of $5 trillion to $7 trillion per year for each of the years between 2015-2030. The investment gap in developing countries alone is about $2.5 trillion per year. The need for more, effective investments was reiterated in the Addis Ababa Action Agenda on Financing for Development endorsed by the UN General Assembly, which committed to “develop policies and, where appropriate, strengthen regulatory frameworks to better align private sector incentives with public goals, including incentivizing the private sector to adopt sustainable practices, and foster long-term quality investment.” Given the current gaps in global investment and the commitment of the UN General Assembly, it is clear that the achievement of the 2030 Sustainable Development Goals requires not only a significant increase in the amount of foreign direct investment, but also the active engagement of the private sector.
Previous editions of our quarterly newsletter, Contractually Speaking and occasional series entitled “It’s just a clause, isn’t it?”.