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. But fiscal impacts and environmental and social impacts are often assessed and monitored by separate regulatory bodies in separate processes, leading to an incomplete understanding of extractive sector performance.
Ces deux semaines de formation m’ont appris beaucoup de choses à travers les cours théoriques, la sortie sur le terrain et les échanges avec les autres camarades. Mme Zongo est Député à l’Assemblée Nationale du Burkina Faso et ingénieur hydrogéologue de formation. Cet entretien a porté sur une initiative inédite au Burkina, la commission d’enquête parlementaire sur le secteur extractif, et les perspectives ouvertes par la formation.
Increasing transparency as well as business and civic engagement in government contracting are powerful ways to craft better agreements, improve public services, deter fraud and corruption, build trust and promote a more competitive business environment. A new report from NRGI and the Open Contracting Partnership details how to do it.
NRGI announces the arrival of Petronia, an interactive online course unlike any other in the resource governance field, where learners can “play” at influencing resource governance outcomes in a simulated context.
Political parties can help ensure that their country gets the best deal for the extraction of its resources, manages revenues for the long-term best interests of citizens and avoids the resource curse.
Unlike in the resource-rich country in the film Black Panther, much of Africa’s mining sector is currently dominated by foreign direct investment; its raw minerals are often exported with limited local participation in the sector and tax revenues are eroded.