- October 29, 2020
Finland issues guidelines for application of UNFC for harmonised natural resource management
The availability of natural resources is at the core of attaining the Sustainable Development Goals (SDGs). The United Nations Framework Classification for Resources (UNFC) is a global standard for the sustainable management of all energy and mineral resources in alignment with the objectives of 2030 Agenda. The Geological Survey of Finland (GTK) has decided to include UNFC categories in the Mineral Deposit Database of Finland and has published practical guidelines for its consistent use.
UNFC is designed to meet the needs of policy formulation, management of resources, corporate business processes, and financial capital allocation. Countries and companies around the world are increasingly using UNFC to improve the socio-economic viability and technological readiness of resource development projects and ensure responsiveness and resilience to regional and global challenges. GTK believes the use of UNFC will support effective management of national resource endowments and facilitate stakeholder communications at local, regional, country, EU and global scales.
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