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.
In the first post in a planned series of commentary, NRGI experts outline the fundamental dilemmas faced by resource-dependent countries as the world transitions from fossil fuels to more sustainable sources of energy. They use Nigeria's oil sector and the DRC's cobalt industry as examples.
As the oil, mining and gas sectors suffer the economic consequences of the Covid-19 pandemic, extractive companies may attempt to excuse, delay or otherwise revise their contractual or legal obligations. This post provides guidance for governments of resource-dependent countries on how to prepare to safeguard their industries.
Coronavirus containment measures have hit economies hard—and with them, government revenues. Most natural resource-dependent countries are experiencing a double shock as their main source of foreign currency has crashed along with fiscal revenues.
The DRC is among the countries in sub-Saharan Africa most affected by the novel coronavirus. Beyond the health emergency, officials are grappling with the economic impacts on the country's critical mining sector. This post explores possible policy directions.
Countries that are net exporters of oil and gas are experiencing an unprecedented twin attack: a global economic contraction driven by the coronavirus pandemic and the biggest single negative oil price shock in modern history.
