Extractive projects can generate substantial revenues for host countries, and discoveries often bring hopes of jobs, development and newfound wealth. But they also generate a range of negative environmental and social effects, which can have direct and significant economic implications.
In June 2018, the fictional country of Petronia, which serves as the namesake setting of a first-of-its-kind online interactive course on resource governance, made a potentially transformative oil discovery.
In Latin America, major governance challenges hinder the positive impact natural resources could have on economic and social development. In this post the authors put forth four priority actions that can shape the region’s extractive sector in the years to come.
NRGI staff invite comment on a new draft consultation briefing about the Extractive Industries Transparency Initiative (EITI) encouragement of “mainstreaming,” which involves a transition away from standalone EITI reports toward meeting EITI requirements through routine and publicly accessible government and company reporting.
Le rapport ITIE 2017 de la Guinée publié en mai 2019 confirme la dynamique expansionniste observée depuis 2014 dans le secteur minier en Guinée, tirée principalement par la bauxite qui a représenté 76% des revenus issus du secteur extractif en 2017.
A BBC investigation has concluded that a recent oil deal in Senegal showed signs of the potential for controversy and possible corruption. As a result, a businessman dogged by ethics questions will walk away with hundreds of millions. What can we learn from this unfortunate turn of events?