La corrupción en las cadenas de suministro de minerales supone una amenaza contra una transición energética justa.

La corruption dans les chaînes d’approvisionnement des minerais menace une transition énergétique juste.

When countries depend too heavily on extractive industries (extraction of nonrenewable natural resources) it can pose problems for their economies.

Experts have issued an urgent call for reforms to tackle the pressing issue of corruption in transition mineral supply chains.

Africa’s mineral wealth is essential for the energy transition and for the hundreds of millions of people currently living in poverty in African mining countries. Whether and how governments and companies move to further extract this mineral wealth is not only economically and environmentally important for Africa, but also for the vital importance of protecting the world’s rapidly diminishing forests.

Like many resource-rich low-income countries, Guinea faces challenges in leveraging its natural resource wealth for sustainable development. 

Betting big on natural gas comes with serious risks and tradeoffs, especially as the world moves away from fossil fuels. Hasty, ill-informed decisions could carry hidden costs for countries' development prospects, energy costs and security--and the climate--especially if countries end up locked into dirty, outdated and high-priced domestic energy systems.

 

While SOE debt can be a useful source of financing for economic development projects, Mongolia’s mining SOE debt issuances represent a significant risk to economic stability and fiscal sustainability.