Ghana’s citizens and leaders have long hoped that their country’s natural resources will lead to prosperity. Yet the gold and oil beneath their feet and territorial waters have not wholly transformed the fortunes of everyday Ghanaians.
National oil companies are set to spend about USD 2 trillion on new oil and gas projects over the next decade. With such sizable investments expected, it is urgent to develop robust advocacy strategies to avoid dangerously pushing the world past 1.5°C.
Ghanaians hoped that Ghana's 2021 budget would include steps to address both the immense challenges brought on by the coronavirus pandemic and low revenues resulting from a downturn in crude oil prices.
Improved governance in resource-rich countries is essential for the billion people who live in poverty in countries abundant in oil, gas and minerals. Without it, they will be excluded from the “clean, green growth” needed for an effective global energy transition.
The 2021 Resource Governance Index is coming soon. This year's edition takes a new approach, with the staggered release of 18 country profiles over the coming months, beginning with Guinea on 16 June.
In some countries national oil companies have the greatest capacity to deliver project. But can they become part of the solution to climate change? When does it make sense for state companies to shift toward renewable energy?
As the leaders of major world economies gather at the G7 summit this week, they will focus on turning the corner on the pandemic and pursuing a green recovery.
As the Biden administration ramps up its anticorruption efforts, officials should pursue policies that heed lessons from past investigations and that reflect the world’s fast-changing energy and mineral markets.
PWYP and NRGI have engaged in discussions with civil society partners in Eurasia to identify a roadmap for continuing the journey from data disclosure to tangible use of data for improving natural resource governance in the region.
NRGI’s Latin America director Juan Luis Dammert spoke at the United Nations Global Roundtable on Extractive Industries about how developing countries could avoid the race to bottom in attracting investments and ensure the extractives sector contributes to sustainable development.
