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.
NRGI set out to collect total oil, gas and mining revenue data for the countries included in the Resource Governance Index to find out how many dollars flow to governments that mismanage the handling of their natural resources.
The steep drop in global oil and gas prices threatens to dramatically impact countries that have staked significant economic hopes on new projects as an engine for economic development. The commodities boom that began in 2004 spurred a wave of new investments in exploration and development, as the potential value of new discoveries rose and complex projects that would have previously been uneconomical became viable.
Students from the Madeleine Albright Institute of Global Affairs at Wellesley College recently asked NRGI governance policy analyst Marie Lintzer some fundamental and important questions about the governance of the extractive sector.