Research for the 2021 edition of NRGI's Resource Governance Index has begun. The index measures the governance of oil, gas and mining sectors in resource-producing countries and provides freely available public data to help inform evidence-based decision-making.
Both Algeria and Iraq were already in places of great transition and turmoil when confronted by the coronavirus pandemic. While both countries have taken some measures in response to the oil price drop and the spread of the coronavirus, questions remain.
It is critical to address the impacts of the much-needed low-carbon transition on the livelihood of the world’s millions of oil workers and their communities. Implementing a just transition for workers will not be easy, but it is imperative for governments in oil-exporting emerging economies to begin planning now.
The world’s determination to fight climate change and green the energy mix is a concern for large Middle Eastern oil exporters, which sit on massive proven hydrocarbon reserves. The risk of such assets becoming stranded and losing value is high, with significant consequences for these poorly diversified economies.
The road to oil and gas riches is rapidly narrowing for some new producers. The crash in prices, triggered by the coronavirus pandemic, creates specific challenges for a group of "prospective producer" countries in sub-Saharan Africa.
Extractive sector policies and governance choices are holding back solar and wind projects in many countries. Part of the trouble lies in the shortsighted habits of political decision-making that oil, gas or coal exploitation can foster. Debates about domestic energy use are highly political and can fall prey to narrow agendas.
Are you researching a resource-rich country and in need of data to quantify the government’s dependence on revenues from natural resources? Looking for a dataset to analyze global trends in revenues accumulated from oil, gas and minerals?