During the commodity boom of the last two decades, many governments and state-owned enterprises in developing countries signed significant “resource-backed loans” (RBLs). A large number of these agreements have recently been released.

 

Mongolia has recently improved implementation of its 2014 "Glass Accounts Law," giving civil society actors unprecedented information about who buys from the state's mining enterprises, who the companies’ biggest suppliers are, and the sheer size and variety of state companies.

Forward linkages can impact a country’s level of resource dependence. In several NRGI priority countries, governments and citizens see such forward linkages as a pathway to a more diversified and less resource-dependent economy.

NRGI and partner institutions gathered views from citizens, practitioners and experts about future priorities in the field of natural resource governance.

With rising threats to democracy and shifts in global power, the natural resource governance community must evolve. Timid efforts and insufficient focus risk decreasing the effectiveness and credibility of the field.

In October 2020, Mozambique’s central bank published a proposal for establishing a new sovereign wealth fund. The decisions made now about the structure and rules of the fund will have major ramifications on the country’s economic future and the wellbeing of its citizens.