Extractive industries can have major impacts on sustainable development in resource-rich countries, including their achievement of the SDGs. On the one hand, the oil, gas and mining sectors contribute significantly to government revenues, providing critical economic development opportunities; they can boost economic growth and create opportunities for people, including increased employment...more
India passed a new mining law - the Mines and Minerals (Development & Regulation) (Amendment) Bill (MMDR) - with 117 votes in favour. 69 Members of Parliament voted against and two Member abstained.
The bill was first introduced in November 2015, when it was opened up to public inputs and feedback.The ...more
The exploration of natural resource wealth - most notably oil, gas and minerals - is often associated with pollution, environmental degradation and unsustainable practices. It doesn't need to be all bad, though. As the example below shows, there is a growing number of initiatives that draw on resource revenues to plug critical budget gaps and support much-needed initiatives. With the right support, parliamentarians can lead the way.
The Israel Union for Environmental...more
Natural Resources for Sustainable Development: The Fundamentals of Oil, Gas, and Mining Governance, a joint course by the Natural Resource Governance Institute, the Columbia Center on Sustainable Investment, and the World Bank, gives students an understanding of the key challenges and opportunities that come with managing extractive industry investments for sustainable development.
There are close links between politics and the management of extractives such as oil, gas and minerals. Along the extractive industries value chain politicians are involved in setting the legal framework, allocating exploration and production licenses and deciding on the saving and spending of extractive revenues.
In resource-rich countries with fragile democratic institutions there can be strong incentives for bribes to flow between politicians and companies in return for or...more
This month’s ...more
The second meeting of the Executive Committee (ExCo)of the newly-formed Commonwealth Association of Public Accounts Committees (CAPAC) took place in the Palace of Westminster, London, on 20 October 2015. The meeting was hosted by the Commonwealth Parliamentary Association (UK Branch) which is also providing the interim secretariat for the Association.
The aim of CAPAC, whose foundation has been welcomed by the Commonwealth Secretariat, is to ensure that all Commonwealth Parliaments,...more
(Manila) – The Philippine government is failing to protect children who dig and dive for gold in dangerous small-scale mines, Human Rights Watch said today in a new report and video, released ahead of Children’s Month in the Philippines.
The 39-page report, “What…if Something Went Wrong: Hazardous Child Labor in Small-Scale Gold Mining in the Philippines” documents how thousands of Filipino children – some just 9 years old – work in illegal, small-scale gold mines, mostly financed by...more
April 14, Washington DC - As part of the Spring Meetings side events, the World Bank Group's Governance, and Energy and Extractives global practices held a panel discussion on the Role of Parliaments in Ensuring Communities Enjoy the 'Development Dividend' from Extractive Industries.
Speakers included Satu Leena Santala, Executive Director for Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, Sweden, World Bank Group; Mario Marcel, Senior Director, Governance Global...more
Parliamentary Centre and Extractive Industries
In April 2009, the Parliamentary Centre partnered with Revenue Watch Institute to launch the project, “Strengthening Parliamentary and Civil Society Oversight of Oil, Gas, and Mining Revenues in Ghana.” The project received financial support from the Bill and Melinda Gates Foundation and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ).
The main purpose of the project was to support the Parliament of...more