IPIECA attended the World Bank Conference on Local Content Policies in the Oil, Gas and Mining Sector. The two day conference, which took place at the end of September in Vienna, debated the recent research on local content policies and the measures required to ensure governments, industry and communities benefit from this framework. Wolfgang Kraus, Senior Associate for IPIECA, participated in two panel discussions to speak about IPIECA’s Local Content Strategy Guide, highlighting the document’s value in providing practical recommendations in managing local content. He concluded his discussion by suggesting that to move local content strategies forward companies should engage in a transparent, multi-stakeholder dialogue. More broadly, the conference sought to create the foundation of a community interested in local content strategies in order to motivate further knowledge sharing.
- 17 October 2013