What is an Impact Benefit Agreement?       a formal contract established between a company or the government, and Indigenous communities or local stakeholders, in the context of  projects such as mining, energy extraction, or infrastructure construction. The purpose of an IBA is to outline how the project will affect the local community and what benefits the community will receive in return.   is a formal contract established between the government and local stakeholders for impact assessment projects. The purpose of an IBA is to outline how the project will affect the local community and what benefits the community will receive in return.    is a formal contract between a company and Indigenous communities in the context of resource development projects. The purpose of an IBA is to outline how the project will affect the local community and what benefits the community will receive in return.    is a formal contract which must be established between a company and Indigenous communities for resource development projects such as mining, energy extraction, or infrastructure construction. The purpose of an IBA is to outline how the project will affect the local community and what benefits the community will receive in return.

Applications and Investigations in Earth Science (9th Edition)
9th Edition
ISBN:9780134746241
Author:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Publisher:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Chapter1: The Study Of Minerals
Section: Chapter Questions
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What is an Impact Benefit Agreement?

 

 

 

a formal contract established between a company or the government, and Indigenous communities or local stakeholders, in the context of  projects such as mining, energy extraction, or infrastructure construction. The purpose of an IBA is to outline how the project will affect the local community and what benefits the community will receive in return.

 

is a formal contract established between the government and local stakeholders for impact assessment projects. The purpose of an IBA is to outline how the project will affect the local community and what benefits the community will receive in return. 

 

is a formal contract between a company and Indigenous communities in the context of resource development projects. The purpose of an IBA is to outline how the project will affect the local community and what benefits the community will receive in return. 

 

is a formal contract which must be established between a company and Indigenous communities for resource development projects such as mining, energy extraction, or infrastructure construction. The purpose of an IBA is to outline how the project will affect the local community and what benefits the community will receive in return. 

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