Role of state-owned development finance institutions in fostering environmental compliance by small-scale miners in South Africa

Simple item page
dc.contributor.authorManzi, Brighton
dc.date.accessioned2018-07-20T09:46:00Z
dc.date.available2018-07-20T09:46:00Z
dc.date.issued2017
dc.descriptionA research report submitted to the Faculty of Science, University of Witwatersrand, Johannesburg in partial fulfilment of the requirements for the degree of Master of Science (Environmental Science). Johannesburg, 2017.en_ZA
dc.description.abstractSouth Africa’s SDFIs have potential to play a critical role in fostering environmental compliance in the mining industry. Their role is particularly important in the small-scale and junior mining sector which is usually shunned by private finance institutions because of high environmental credit risk. Equipped with knowledge and experience of working with clients across different sectors and their potential leadership role in technology transfer, SDFIs can leverage their position in acting as trusted third party environmental regulation enforcers. Financial institutions have long been criticised for showing little interest in environmental impacts of their clients while concentrating on profit maximisation. This study sought to investigate the response by financial institutions to this criticism through evaluating the role of SDFIs in fostering environmental compliance by small-scale and junior mining companies which are generally viewed as having a poor environmental compliance record. Through the twin qualitative research methods of interviews and document analysis, the role of three state-owned development finance institutions in fostering environmental regulation compliance by small-scale mining enterprises in South Africa was evaluated. The study revealed that SDFIs explicitly and implicitly provide a wide range of products and services which help small-scale and junior miners in complying with environmental regulations. The study also found that, while SDFIs are beginning to adopt market-based mechanisms to encourage environmental compliance, they still heavily rely on command and control mechanisms as a way of mitigating environmentally related risks arising from financing mining companies.en_ZA
dc.description.librarianLG2018en_ZA
dc.format.extentOnline resource (ix, 75 leaves)
dc.identifier.citationManzi, Brighton (2017) Role of state-owned development finance institutions in fostering environmental compliance by small-scale miners in South Africa, University of the Witwatersrand, Johannesburg, <http://hdl.handle.net/10539/25119>
dc.identifier.urihttps://hdl.handle.net/10539/25119
dc.language.isoenen_ZA
dc.subject.lcshSmall business--Environmental aspects
dc.subject.lcshMineral industries--South Africa
dc.subject.lcshPublic administration--Management
dc.subject.lcshSocial responsibility of business
dc.titleRole of state-owned development finance institutions in fostering environmental compliance by small-scale miners in South Africaen_ZA
dc.typeThesisen_ZA
Files
Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
Manzi Research Report.pdf
Size:
930.3 KB
Format:
Adobe Portable Document Format
Description:
Main work
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
ETD Collection