This virtual event explored how to improve transparency and accountability in mineral supply chains and reduce corruption, environmental and human rights risks.

The panelists highlighted three critical imperatives to tackle the hundreds of billions in illegal funds flowing annually from environmental crimes:

1. Proper assessments of financial crime risks arising from environmental crimes, by governments and the private sector.
2. More proactive cooperation across sectors and countries, through public-private partnerships and similar mechanisms.
3. Applying good ideas and effective tools from other areas of financial crime-fighting to the challenge of environmental crime.

It was part of the Corrupting the Environment webinar series of the Basel Institute on Governance and the OECD.

Louis Maréchal, Sector Lead, Minerals & Extractives at the OECD’s Centre for Responsible Business Conduct moderated the panel discussion featuring:

• Hugo Brodie, Vice President - Sustainability, London Metal Exchange
• Elisabeth Caesens, Director, Resource Matters
• Luca Maiotti, Policy Analyst, Minerals Team, Centre for Responsible Business Conduct, OECD
• Laode Syarif, Executive Director, Kemitraan and Former Vice Chairman, Corruption Eradication Commission of the Republic of Indonesia.