The Rehabilitation Fund

What is the 5% Fund?

The fund is financed by a contribution equivalent to 5% of the gross production from every mining cooperative operating in South Kivu Province. Additional financial resources can come from internal sources (sale of committee products ) and external sources (donations, grants, contributions from mining companies, and external financing ).

Fund Management

The rehabilitation fund is managed autonomously. It is independent of public finance accounting and does not pass through the Treasury account. The bank account holding the 5% contribution is managed by the Provincial Minister in charge of Mines and the Head of the Provincial Division of Mines. The committee’s operating budget is subject to the approval of the Provincial Minister in charge of Mines.

Allocation

All funds collected from the 5% contribution are allocated according to a strict distribution key:
  • 70%: Exclusively used for mining environment rehabilitation projects in
    South Kivu.
  • 20%: Allocated for the operating costs of the CSAREM-SK Committee.
  • 10%: Allocated for the operating costs of the B.P.E.M (Bureau for
    Environmental Protection in Mining) of the Provincial Division of Mines.

Financial Reports