Date: May 10, 2024

In a continued effort to combat the consequences of socio illegal mining, the Center of Financial Sustainability (CSF) is pleased to announce the latest update of our pioneering Calculator Impacts Miners. Initially developed in 2021 to help the brazilian government to deal with the mining operations illegal, this tool is the first in the world designed to calculate the costs of social and environmental associated with the illegal mining of gold.

This year, the updated version of the calculator expands its reach to the whole of Latin America and the Caribbean, with implementations initials in countries such as Peru, Guyana, Bolivia and Suriname. The calculator provides estimates vital about the potential damages that the illegal mining can cause both the environment and local communities, provides a solid basis for decision making and the design of public policies.

The Calculator Impacts Miners is a testimony to the power of economic tools in the resolution of critical challenges for the conservation and sustainable development. With plans to expand its support to more countries, CSF demonstrates its commitment to environmental protection and social development at the global level.

For more information on this innovative tool and its application, we invite you to read the full article in Mongabay, which details the work and the achievements of the Calculator Impacts Miners.

You can read more about the Calculator in the last article of Mongabay this work.