United Nations Framework Classification for Resources
The United Nations Framework Classification for Resources (UNFC) is a system designed to provide a consistent approach for classifying and managing natural resources. It aims to enhance transparency and comparability in resource assessments, facilitating better decision-making for sustainable development. The framework covers various resources, including minerals, energy, and water, and is applicable across different countries and sectors.
UNFC categorizes resources based on three main criteria: economic viability, technical feasibility, and socio-environmental considerations. This classification helps stakeholders, including governments and investors, to understand the potential of resources and make informed choices regarding their exploration and utilization.