extractive industries [Inserted by AASB 1025, para. A bid is a fee writers offer to clients for each particular order. 1. Human rights and the extractive industry: why engage, who ... Industry EXTRACTIVE | Meaning & Definition for UK English | Lexico.com 1. adjective non-extractive of or of the nature of an extract. The An Extractive Economy and an Industrial Economy ... extractive: [adjective] of, relating to, or involving extraction. Extractive industry is concerned with extraction or drawing out goods from the soil, air or water. Opportunities for recycling are limited in some of the extractive industries and common in others. The GT-DeSulfSM process is an example of desulfurization technology based on organosulfur compound extraction. Examples of extractive in a Sentence Recent Examples on the Web: Adjective Workers, many of them immigrants for whom English was a second language, were trapped in extractive deals without fully understanding the terms. EurLex-2. from the ground: Like the other extractive industries that preceded it here, the oil industry has been enormously important in sparsely populated Alaska. Extractive industry rehabilitation. Our experts have unlimited writing skills. communities affected by the activities of the extractive sector. Proponents of extractive and infrastructure projects should prioritize the collection and public dissemination of community engagement best practices, including examples of how community engagement creates value for companies. JOINT NGO SUBMISSION CONSULTATION ON HUMAN … Example 1: Company X refines oil into gasoline, adds several additives amounting to 10 percent of the gasoline, and sells the enhanced gasoline. We work to make sure that those investments are managed prudently to ensure that they translate into long-term sustainable development and minimize economic, social, and environmental harm. INDIGENOUS PEOPLE, CONFLICT AND EXTRACTIVE conflict … Olawuyi, Damilola S. EXTRACTIVE It was a modest beginning to what became Penobscot Bay’s major 19th century extractive industry: cutting and shipping trees. Dirty Profits 6 report released by Facing Finance highlights the investments of ten European banks in ten transnational extractive companies like for example Glencore, Vale, Rio Tinto and others, variously which continually violate human rights and the environment. extractive sector and the modalities that governments adopt to use and distribute those revenues. Sample 1 Sample 2 Sample 3 Based on 6 documents extractive industry means quarrying and excavating for any stone, gravel, sands, clay, limestone, loam or other material; Sample 1 Sample 2 Sample 3 Based on 5 documents Remove Advertising In relation to this type of industry there are some aspects to take into account. 1 17th Africa OilGasMine: Extractive Industries and Sustainable Job Creation Background Note 1. For example, in November 2000, the International Accounting Standards Committee (IASC) Steering Committee on Extractive Industries wrote (IASC, 2000, p. 4): The gross receipts from the sale of the enhanced gasoline are from an extractive business activity because the additives are incidental to, and do not affect the basic character of, the gasoline. Despite the great variety of products and services that come from the basic industries, there are Explanation: Extractive industry is involved in harvesting resources from underneath earth for the use of consumers, such as mining, drilling, dredging, excavating, tunneling, quarrying of oil, gas, minerals, metals, etc. These institutions do not benefit the majority of citizens (who are better served by inclusive institutions).Specifically, extractive political institutions give the elite a monopoly on power by excluding the majority of society from government. Transparency and Accountability In Africa’s Extractive Industries:The Role of The legislaTuRe ~ 5 The National Democratic Institute for International Affairs (NDI) is a non-profit organization work- ing to strengthen and expand democracy worldwide. A zone identifies the preferred land use in an area. oj4. Stem. Tracking female employment in the extractive sector is central to understanding how the benefits of the sector are being shared. For example, extractive industries often expand through remote ter-ritories, regardless of the land rights of the resident populations, the unique bio-diversity of some areas,2 or the presence of historical assets.3 The environmental, social, and health costs of fossil fuel extraction and industrial mining are therefore In the last two decades, local populations and subnational governments have demanded a greater decentralisation of extractive industry (EI) related revenues but the modalities and mechanisms adopted varied widely across cases. Ongoing convergence of accounting standards around the world has helped to narrow some of the accounting differences found … In some countries, however, those contract provisions have been important. The fifth section, which is the concluding part of the paper, contends that, in. The extractive industry is listed in Annex II. Briefly explain the main phases of extractive industries. The definition of 'extractive industries' would therefore include not just mining corporations but: War Profiteers' News, No 40 Anand Mazgaonkar Most current-day economists' guidebooks and blueprints would have us believe that growth trickles down and that is the way to eradicate poverty. Investments in mining and other extractive industries have the potential to transform economies. To provide a focus for commentators, the Issues Paper sets out the tentative views that IASC’s Extractive Industries Steering Committee has developed on some of the most significant issues at this early stage of the project. View Notes - Extractive Industries Lecture Example (solution) from ACCT 2011 at The University of Sydney. Typical examples of resources firms use up to earn money include: coal deposits; oil deposits; Indeed, extractive business like energy companies and food distributers are among the largest corporations on Earth, so it is understandable that the extractive mindset is still dominant in the way business is taught. These institutions do not benefit the majority of citizens (who are better served by inclusive institutions).Specifically, extractive political institutions give the elite a monopoly on power by excluding the majority of society from government. Developed in consultation with industry, the guideline outlines how to prepare a rehabilitation plan in line with requirements and provides templates and examples. Extractive companies can also have considerable impacts on the environment and the economy of the societies in which they operate. Dutch Disease –examples of Botswana and Malaysia oThere are good country examples of how to successfully avoid the pro-cyclicality of fiscal policy –example of Chile oSound local content and other polices can build non-extractive activities on the back on an impetus from extractives –example Chile and Brazil. Examples of these types are nurseries, forestry, cattle breeding and commercial kennels. Any processes that involve the extraction of raw materials from the earth to be used by consumers. The extractive industry consists of any operations that remove metals, mineral and aggregates from the earth. Examples of extractive processes include oil and gas extraction, mining, dredging and quarrying. Primary production is also known as extractive industry. The extractive industries sector plays a strong economic role in 63 countries, but many of these countries face challenges, such as resource dependency and weak governance. Primary production: this involves acquiring raw materials. For example, metals and coal have to be mined, oil drilled from the ground, rubber tapped from trees, foodstuffs farmed and fish trawled. This is sometimes known as extractive production. Secondary production: this is the manufacturing and assembly process. The extractive industry consists of any operations that remove metals, mineral and aggregates from the earth. Therefore, Directive 75/442/EEC applies to waste from the extractive industry. Extractive Industries: The Management of Resources as a Driver of Sustainable Development explores the challenges and opportunities facing developing countries in using oil, gas, and mining to achieve inclusive change. Mining, farming, and fishing are examples of primary industries. _____ [Inserted by AASB 1025, para. Publication. The As noted above, this sector includes extraction industries. Examples of coupled human and environmental systems from the extractive industry and hydropower sector interfaces Marcia C. Castroa,1, Gary R. Kriegerb, Marci Z. Balgeb, Marcel Tanner c,d, Jürg Utzinger , Maxine Whittakere, and Burton H. Singerf,1 aDepartment of Global Health and Population, Harvard T. H. Chan School of Public Health, Boston, MA 02115; … ACCT2011 Semester 1, 2015 Week 11 Accounting for the extractive industries Lecture Definition English: Any processes that involve the extraction of raw materials from the earth to be used by consumers. For example, infrastructure development is another key sector in Kenya’s Vision 2030. For example, China’s reported imports of gems in 2014 from Myanmar alone exceeds the latter’s total official values of exports from all the extractive industries combined 2. Moving the agenda forward – Dialogue, knowledge, action Extractive industries . Example sentences with the word extractive. Extractive Industry Supplier Transparency Examples Given the multiple uncertainties and knowledge gaps surrounding extractive industry suppliers, improving transparency is a necessary first step. Thus, focusing on extractive industries enables us to examine the manage-rial challenges that arise, ex post, of siting specific activities in particular locations overseas as a consequence of an international diversification strategy. Mining is the industry dedicated to extracting minerals that are directly in the ground or the subsoil. Resources use. Define Extractive Industries using an appropriate example. Good examples of extractive industries are the mining, crude oil, and natural gas industries. The extractive industries include the mining of mineral ores, the quarrying of stone, and the extraction of mineral fuels. It is important to involve women in it because women have the same “right to development” as men, so if extractive industries diminish their access to economic and social development, this human right has been violated. extractive industries and natural World Heritage properties. Introduction The year 2015 is a watershed for global development, with the international community adopting the 17 Sustainable Development Goals (SDGs) to end poverty, fight inequality and injustice, and A rehabilitation plan guideline for Victoria’s quarries is now available. Role of the Extractive Industries: Roadmap - “Mapping Mining to the SDGs” - Examples of approaches - Roles and responsibilities - Key cross-cutting issues to enhance mining’s contributions 3. What are examples of extractive industry? Match all exact any words . Goldmines in Guyana, oil and gas extraction in TT, bauxite mining in Jamaica and planned copper and mineral mining in Haiti are but some examples. extractive industry noun [ C ] uk us plural extractive industries PRODUCTION, NATURAL RESOURCES the people, companies, and activities involved in removing oil, metals, coal, stone, etc. birds, plants, animals etc. Examples of extractive industries violating the rights of people in developing countries and undermining the environment include: the operations of oil and mining companies in the Marlin gold mine in Guatemala, which caused violence against (and even killings of) indigenous communities [3][4]; France-based Total S.A. and US-based Unocal Corp. in … from the…. interested in accounting in the extractive industries, comprehensive global accounting standards for the industry are clearly a long way off. The extractive industry welcomed this equivalence because it will avoid double reporting for companies operating in Canada and the EU. extractive industries and to evaluate the merits of alternative ways of resolving those issues. It corresponds to those industries where resources are obtained that could be manufactured again, but at a much lower speed than they are consumed, or that cannot be permanently created again. The industrial processes for extracting minerals include drilling and pumping, quarrying, and mining. Definition of extractive industry? Extractive industries have frequently dispossessed people of land rights with the result of cultural disruption and violence. Hantering av avfall från utvinningsindustrin ***III (omröstning. Accordingly, the country is investing heavily in infrastructure projects that collectively will ensure mining operations costs are reduced over time. This paper looks at the The bidding system is developed based on what is used in auctions, where a bid is the price Europarl8. THE REALITY OF THE EXTRACTIVE INDUSTRIES: A MALE DOMAIN? Meanwhile, the Extractive Industries Transparency Initiative (EITI) aims to reduce corruption by making public the amounts of money transferred between extractive industry companies and governments. The extractive industries have direct negative impacts on the countries’ economic growth thus providing evidence of a resource curse. Other examples of persistent conflicts over extractive industry projects include clashes in Nigeria between Shell Oil and the Ogoni people, in Ecuador between the Shuar people and Exxon/Mobil, and in Brazil between Vale do Rio Doce and the Examples Add . Extractive industry zone What is a zone? Extractive industries and their linkages with the rest of the economy 5 Keynote paper 1 to other economic sectors – for example, electricity generation plants that also serve local villages, or roads that improve the functioning of local markets. Emerging good practice example: Protecting women and community land and natural resources rights 13 2. "Extractive" institutions are generally used as an antonym to "inclusive" institutions in the literature. The income share actually extracted from the populace has nothing to do with whether a society has extractive institutions. Secondary industry Gen 9: 8-17). E.g. Examples of coupled human and environmental systems from the extractive industry and hydropower sector interfaces October 2016 Proceedings of the National Academy of Sciences 113(51):201605678 The world minerals extractive industry is capital intensive by its very nature where exceptionally large financial sums are required to get the resource “on-stream” to market. Generally products of extractive industries come in raw form and they are used by manufacturing and construction industries for producing finished products. Extractive industry can be defined as a processes that involve different activities that lead to the extraction of raw materials from the earth (such as oil, metals, mineral and aggregates), processing and utilization by consumers. analyses specific examples of CSO influence on the Nigeria’s extractive industry. State Responsibility International human rights law places clear and substantial obligations on states in connection with extractive industries. ‘The first category consisted of extractive industries, wherein naturally occurring substances present in the cave environment were gathered, mined, refined, or manufactured and then sold for profit.’ ‘By definition, Wilderness Areas are off-limits to industrial use, and so have a natural enemy in the extractive industries.’ An industrial economy Industrial economy An economy that sustains itself by processing raw materials or resources into manufactured items. Primary industry tends to dominate the economies of undeveloped and developing nations, but as secondary and tertiary industries are developed, its share of the economic output tends to decrease. Subject: EIB application of the recommendations of the … Typical examples of resources firms use up to earn money include: coal deposits; oil deposits; Indeed, extractive business like energy companies and food distributers are among the largest corporations on Earth, so it is understandable that the extractive mindset is still dominant in the way business is taught. For example, a reference to Approved Accounting Standard ASRB 1001: Accounting Policies - Disclosure would include, in relation to financial years that end on or after 30 June 1992, a reference to Accounting Standard AASB 1001: Accounting Policies - Disclosure. The zone, and other planning controls, are identified in the planning scheme to guide development and use of land. Learn more. This extraction yields raw materials and staple foods, coal, wood, iron, and corn. What is the function of extractive system? Mineral resources are commonly grouped into fossil fuels, metalliferous ores, industrial minerals and construction minerals and all play an important role in Europe's economy. For example, a reference to Approved Accounting Standard ASRB 1001: Accounting Policies - Disclosure would include, in relation to financial years that end on or after 30 June 1992, a reference to Accounting Standard AASB 1001: Accounting Policies - Disclosure. Examples of extractive processes include oil and gas extraction, mining, dredging and quarrying . Extractive industries are the businesses that take raw materials, including oil, coal, gold, iron, copper and other minerals, from the earth. An example of extractive industry is extraction of oil and gas from the earth. What extractive industries do is turn God’s glorious creation into a cheap commodity, violating the sacred relationship between God, humans, and all creation (cf. The extractive industry as a whole plays a crucial role in the economic and societal development of Europe (EC, 2008, 2013). The extractive industries are responsible for, as the name suggests, extract raw materials directly from nature. 3,000 loss O … 1. adjective non-extractive tending or serving to extract, or based upon extraction: coal, oil, copper, and other extractive industries. Such contracts are usually confidential. enable the country to reap the economic benefits from the extractive industry. They may have reduced access to job opportunities. For example, the Extractive industries in South Africa, Botswana, and Namibia have positive direct impacts on their economic growth. extractive industry definition: the people, companies, and activities involved in removing oil, metals, coal, stone, etc. a) utvinningsindustri som utnyttjar borrning: all industri som bedriver. Translation for 'extractive industry' in the free English-German dictionary and many other German translations. 0. 18] Application of Materiality: Extractive Industries How to use extractive in a sentence. However, in terms of indirect impacts, the extractive industries do not 1. noun non-extractive something extracted. bab.la arrow_drop_down bab.la - Online dictionaries, vocabulary, conjugation, grammar Toggle navigation share Essay On Extractive Industry When you pay for essay writing Essay On Extractive Industry help, you will not feel that the money was spent in vain. Some of the examples of extractive industries include farming, mining, lumbering, hunting & fishing operation. For example, women may be excluded from community consultations and decisions on the allocation of extractive revenues. Extractive political and economic institutions are designed to benefit the elite class that holds power in society. 2. In this group are industries such as mining, oil or wood. It should say in the text: Extractive Industries Transparency Initiative. 18] Application of Materiality: Extractive Industries Numerous examples of how international legal norms could be used to help revitalize the underlying legal and fiscal regimes in African extractive industries - to make them more robust, accountable, sustainable and rights-based - round out the coverage. taxing rights over extractive industry income, capital and tax revenue. Extractive Industry: These industries are concerned with the extraction of materials from the earth, sea and air. For project proponents and industry associations: identify and promote best practices. … This paper addresses Nichols' (2012) question by providing a detailed example of the way in which industry constituents participated in the setting of the international extractive industries accounting standard, International Financial Reporting Standard (IFRS) 6--Exploration for and Evaluation of Mineral Resources. Some individual rights holders, governments, SOEs and suppliers are already taking important steps forward. This process separates the organosulfur compounds and aromatic derivatives from naphtha from the fluid catalytic cracking unit by extractive distillation using a blend of solvents. Mining industry . Extractive Industries. For example, Russian TNCs in extractive industries have invested abroad to enhance control over distribution channels linked to those activities, and Saudi and Kuwaiti State-owned oil companies have partnered with the Chinese firm Sinopec in two separate refining and petrochemical ventures in China. For example, the United Nations (UN) Human Rights Committee has stated that a country’s freedom to encourage economic What are extractive industries? For example, residues can be fed back to the concentrating, smelting, or refining operations, thereby recovering essentially all of the valuable metals. Experts leave their bids under the posted order, waiting for a client to settle on which writer, among those who left their bids, they Essay On Extractive Industry want to choose. The extractive industry consists of any operations that remove metals, mineral and aggregates from the earth. Proponents of extractive and infrastructure projects should prioritize the collection and public dissemination of community engagement best practices, including examples of how community engagement creates value for companies. The extractive industry consists of any operations that remove metals, mineral and aggregates from the earth. and extractive industry companies. Examples of extractive industry are like; mining, forestry, fishing, oil drilling, farming and etc. The extractive industries play a crucial role in the process of sourcing natural resources, which are critical for the development of any economy. Extractive political and economic institutions are designed to benefit the elite class that holds power in society. Examples of people engaged in primary production are; fisherman, miner, farmer, driller and; lumberjacks. You can order not only short essays with no particular topic but also complex research papers. Extractive industries faces complexities in determining the accounting policies in order to apply to expenditures it incurs that are outside of the scope of IFRS 6. Manufacturing industries transform these products into many other useful goods. For example, in conflict-affected or postconflict areas governments may use revenue from resources to fund unrest. 10 IGNITING A PROCESS OF CHANGE FOR WOMEN IN THE EXTRACTIVE INDUSTRIES: EMERGING GOOD PRACTICE 12 1. That was what was wrong in the text. Forestry, on the other hand, makes use of a renewable resource and is … Investments in new infrastructure should be planned carefully, with governments working in adjective non-extractive of, relating to, or involving extraction: extractive surgery. Genetic industry: The industries involved in the activities of rearing & breeding of living organism i.e. EurLex-2. chains of most extractive industries compared with many other industries (Rezk, Srai, & Williamson, 2016). Examples of extractive industries include coal and oil drilling, fracking, cash crop plantations, and even hydroelectric dams and profit-driven renewable energy. The extractive industries remains a male-dominated industry as compared to the other industries in Africa. Management of waste from extractive industries ***III (vote. For project proponents and industry associations: identify and promote best practices. 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