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development prospects, energy costs and security--and the climate--especially if countries end up locked into dirty, outdated and high-priced domestic energy systems.
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.
National oil companies wield a major influence over the fight against climate change: they produce more than half of the world’s oil and gas and are projected to spend almost $2 trillion on upstream projects over the next decade.
The energy transition is a critical consideration for countries rich in non-renewable resources. This series debuts analysis from experts (from NRGI and elsewhere) on how resource-rich countries can navigate the world's transition to lower-carbon technologies.
The Leveraging Transparency to Reduce Corruption project (LTRC)—a five-year initiative led by the Brookings institution and supported by the Natural Resource Governance Institute and Results for Development—is pleased to share an annotated bibliography of more than 150 books, papers, tools/datasets and other resources addressing transparency accountability, and participation efforts along the natural resource value chain.
"State capture" is defined as the efforts of individuals or firms to shape the formation of laws, policies, and regulations of the state to their own advantage by providing illicit private gains to public officials.