Oil, Gas & Mining

CommDev is an IFC managed source of funding and knowledge for technical assistance, implementation support, training, and tools for community development efforts linked to extractive industry projects.

CommDev promotes partnerships among communities, local governments and extractive industry companies to jointly develop solutions that reduce poverty.

CommDev supports IFC investment projects by providing funding for:

• Design of community development strategies
• Stakeholder engagement
• Participatory planning for community development and monitoring
• Development of corporate foundations with community participation
• Workshops that help development organizations work with extractive industries companies in providing support to local communities
• Capacity building of local and regional government to manage royalty flows
• Small business development for supply chains of extractive industry projects and local economic development plans
• Environment, gender and HIV/AIDS prevention programs