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Localizing Energy Transition Program
The Localizing Energy Transition (LET) Program envisions a future where communities hosting energy transition minerals (ETMs) are empowered and benefit from a transparent, accountable, and well-governed mining industry.
The LET Program aims to provide a comprehensive approach to raising the cost of corruption and improving mining governance in the Philippines through the roll out of the Projecting Revenues from the Extractives for the Development and Investment in Communities (PREDIC) Tool.
About the LET Program
As the world transitions to cleaner sources of energy, the demand for energy transition minerals (ETMs) that are abundant in the Philippines such as nickel, copper, silver, and cobalt will only increase. To make sure that previous challenges in the mining industry are not exacerbated and that no one gets left behind, a just energy transition that empowers communities is important.
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The LET Program aims to achieve the following outcomes: (1) increase the accessibility of mining data to local stakeholders using user-friendly tools and (2) strengthen the capacity of local stakeholders to monitor and analyze mining data. By the end of the project, local partners and stakeholders are able to systematically disclose, access, and analyze mining disclosures and use them in local development planning processes with the help of PREDIC Tool. With increased access to data and the capacity to analyze information, communities are in a better position to monitor revenues, deter corruption, and plan for their future.
About PREDIC Tool
PREDIC Tool is fiscal modeling made simple. The tool aims to answer three general questions from the perspective of the government: (1) how much revenues are we going to collect, (2) what happens when prices change, and (3) how can we allocate the revenues collected. The tool is relevant to national and local economic planning agencies for scenario planning purposes but it can also be used as a capacity building tool for EITI Secretariats and an advocacy tool for civil society organizations