NRGI, Advancing good governance in resource-rich countries

The oil, gas and mining sectors have largely failed to deliver on their promise of a better life for all in resource-rich developing countries. The extractive sector remains prone to corruption, with policymakers too often prioritising short-term political or personal agendas. 

In addition, asymmetries of power, capacity and information often prevent governments from getting fair deals and from curbing aggressive profit shifting practices from multinationals. 

Governments too often sign contracts that will not deliver long-term returns and undermine efforts to prevent social and environmental damages. Revenues that could fund economic development and social services go uncollected

NRGI 2020-2025 strategic goal:

Developing countries rich in oil, gas and minerals achieve sustainable and inclusive development; their people receive lasting benefits from extractives and experience reduced harms.

1.     Licensing and fiscal systems [related to the extractive industry] are more transparent, fair and help countries maximise the revenues available for development spending;

2.     Extractive sector revenues are increasingly managed in ways that serve long-term public interest and the economic sustainability of public finances, rather than short-term political or private agendas;

3.     Resource-rich countries advance rather than hinder the transition to cleaner energy;

4.    Governments and companies conduct sector operations in ways that reduce opportunities for corruption and anticorruption actors tackle extractive sector corruption more effectively. 

Resultados previstos:  

-                New or improved implementation of resource governance policy better aligned with global norms, best practices, and/or NRGI recommendations.

-                Governments, state-owned and private companies adopt resource governance policies, practices or norms better aligned with global norms, best practices, and/or NRGI recommendations.

-                Uptake of NRGI recommendations help shape the research agenda, reframe an issue, and/or provide a new conceptual understanding of a problem.

-                Participants of NRGI courses take actions that clearly put knowledge or skills they have gained into action or alter their behaviour in order to implement NRGI’s recommendations and best practices related to resource governance. 

Resultados de las fases anteriores:  

-    Normative, voluntary and regulatory mechanisms that favour transparency in extractive and commodity trading activities strengthened through enhanced disclosure requirements on payments and contracts; 

-     Increased attention to the dominant role of Stateowned-enterprises in extractive economies and to the need for reforms;

-     Increased public availability and use of oil, gas and mining contracts;

-    Development of specific tools (the Resource Governance Index) to track governance progress in natural resource management in over 60 countries. 

Synergies with the SDC support to the Anti-corruption task  team of the OECD DAC (addressing IFF risks in the oil and gas sector and their development impact), as well as with the SDC earmarked contribution to the OECD Development Centre Dialogue on resource based development. 

Coordination with SECO funded EITI process. Coordination with SIF/SECO/HSD in the context of the Interdepartmental Platform on Commodity.  

Fase 2 01.04.2020 - 31.03.2023   (Completed)