The 2019/2020 Annual Progress Report published by planetGOLD provides an overview of the progress made since the launch of the planetGOLD programme in early 2019 and includes data from the initiation of each of the national projects through fall 2020. This executive summary provides a snapshot of the key points from the full report, across the programme's 4 key programmatic areas: formalization, access to finance, technical solutions, and access to formal markets.
Can state gold-buying programmes (SGBPs) be an effective tool for governments – to not only bolster state financial reserves, but also to reform the sector, raising its standards and improving its environmental and social outcomes? And can these programmes operate in countries that often lack institutional capacity, infrastructure and stability? This paper analyses case studies in five countries, drawing out the challenges and potential factors for success in developing an effective SGBP.