UNFC and Sustainable Resource Management
Introduction
United Nations Framework Classification for Resources (UNFC) -
a universally acceptable and internationally applicable scheme for the sustainable management of all energy and mineral resources.
In focus
Transforming Extractive Industries for Sustainable Development
Currently, mineral resource extraction plays a dominant role in the economies of 81 countries that account for a quarter of global GDP. The COVID-19 pandemic caused an extraordinary socioeconomic crisis throughout the world, resulting in a 4.3 per cent contraction of world GDP. As our world moves toward an uneven and partial recovery, failure to transition to more sustainable systems will generate stranded assets, perpetuate vulnerabilities, jeopardize the fight against climate change and threaten human well-being. Transforming extractive industries must be part of the solution.
Read UN policy brief
Read UN Regional Commissions' policy brief
New Publication: United Nations Resource Management System: An overview of concepts, objectives and requirements
The multifaceted requirements of sustainable development are primarily dependent on the optimal and responsible use of natural resources. A new paradigm of optimising resource efficiency and progressing towards a circular economy is required to realise the need for balanced development of natural resources. The United Nations Resource Management System (UNRMS) is being designed as a unifying framework for the integrated management of resources.
Highlights
UNECE Executive Secretary highlights value of UNFC at World Resources Forum 2019
UNFC now applicable to solar energy and wind energy
UNFC-related papers presented at SPE ATCE-2019
New Publication: Redesigning the Uranium Resource Pathway
Resources for the Future: Meeting the Quality of Life Aspirations of 9 Billion (LinkedIn article by Scott Foster, Director, Sustainable Energy at UNECE, 20 February 2019)
