NRGI has unveiled the 2017 Resource Governance Index, which assesses the governance of oil, gas and mining in 81 countries, in policy areas including state-owned enterprises, taxation, licensing, local impact, sovereign wealth funds and subnational revenue sharing. Access the data at www.resourcegovernanceindex.org.
Watch the recorded webcast of expert speakers including former president of Mexico Ernesto Zedillo discussing the findings of the new index. Participate in the ongoing discussion using #ResourceGovernanceIndex.
New index shows promise in some developing countries, but raises alarms over sovereign wealth funds and citizens’ freedom to hold governments to account.
Ongoing reforms present an unprecedented opportunity to improve management of Myanmar’s multi-billion-dollar jade and gemstone industry, and reorganization of the sector may proceed most effectively if it is informed by the experience of other gemstone-producing countries.
The Natural Resource Charter Benchmarking Framework is a tool for benchmarking a country’s management of oil, gas and minerals against global best practices. Created in response to government and civil society demand for a practical way to measure resource governance, the framework is the product of five years of expert input and testing in more than 15 country projects.
The Charter is a set of principles for governments and societies on how to best harness the opportunities created by extractive resources for development. It is not a recipe or blueprint for the policies and institutions countries must build, but instead provides the ingredients successful countries have used.
