The urgency of promoting the energy transition and shifting towards decarbonization has led to the need to increase production and processing of certain minerals, such as lithium. This situation could be an opportunity for lithium-producing nations to earn revenue and accelerate their own domestic energy transitions.
Russia’s invasion of Ukraine will have long-term implications on energy markets. Countries are reassessing their reliance on Russian oil and gas, exploring an acceleration of the transition to greener energies and looking for alternative sources of petroleum.
Resource-backed loans in Ghana, as elsewhere in sub-Saharan Africa, have been largely characterized by unrealistic projections of loan amounts and potential projects; this has resulted in disbursement challenges and project funding bottlenecks.
In 2021—the second year of NRGI's six-year strategy—resource-rich developing countries faced stark and unprecedented economic, governance and social justice challenges. This report highlights just some of the positive outcomes brought about by NRGI, and its partners, in 2021.
Mongolia’s Glass Accounts Law (2014) requires that government entities and state-owned enterprises disclose detailed financial and operational information on a public website. However, uptake of the law has been uneven among many SOEs operating in Mongolia.