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Pan African Resource Reporting Code

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The Pan-African Resource Reporting Code (PARC) is a standardized framework for public reporting of African mineral and energy resources.[1] Developed under the auspices of the African Minerals Development Centre (AMDC), PARC aims to enhance transparency, consistency, and competence in the certification and reporting processes within the African mining sector.

History

PARC was developed as part of the African Minerals and Energy Resources Classification and Management System (AMREC), a tool designed to implement the Africa Mining Vision (AMV). The AMV, adopted by African Heads of State in 2009, seeks to optimize the utilization of Africa's mineral resources for sustainable development. The policy document for AMREC/PARC was approved by the African Union's Special Technical Committee in September 2021 and was subsequently endorsed by the Executive Council in February 2022.


References

  1. ^ AMDC (2023). The Pan African Public Reporting Standard for Minerals and Energy Resources.{{cite book}}: CS1 maint: date and year (link)
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