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71. Massive and Misunderstood: Data-Driven Insights into National Oil Companies

Author:
David Mihalyi and Patrick Heller
Publication Date:
04-2019
Content Type:
Special Report
Institution:
Natural Resource Governance Institute
Abstract:
National oil companies (NOCs) produce the majority of the world’s oil and gas, pumping out an estimated 85 million barrels of oil equivalent per day. Within their home countries, NOCs influence the degree to which billions of people benefit (or suffer) from their countries’ hydrocarbon assets. Many of these companies manage multi-billion-dollar portfolios of public assets, execute complex projects across their territories and at sea, employ citizens in the tens or hundreds of thousands, and perform a range of public services from providing energy to building infrastructure. Despite their importance, NOCs are poorly understood thanks to weak and uneven reporting, sparse research, and an absence of publicly available comparative data.
Topic:
International Affairs and Natural Resources
Political Geography:
Global Focus

72. Resource Governance Index: From Legal Reform to Implementation in Sub-Saharan Africa

Author:
Natural Resource Governance Institute
Publication Date:
04-2019
Content Type:
Special Report
Institution:
Natural Resource Governance Institute
Abstract:
This report explores common resource governance successes and challenges in sub-Saharan Africa, taking advantage of the rich dataset and wealth of evidence documentation provided by the Resource Governance Index. While the authors detect common trends across the region, there is also great diversity between and within countries. It also documents examples of good practices from which officials in other countries can learn. The authors conclude with the suggestion that policymakers, parliamentarians, civil society, media and regional institutions focus more on narrowing the implementation gap, which will help to restore trust between government, communities and investors and thus strengthen sustainable management of natural resources. Creating space for public debate, strengthening capacity of public institutions and oversight actors, addressing lack of political will and learning from past legal reforms are possible solutions to address the implementation gap.
Topic:
International Affairs and Natural Resources
Political Geography:
Global Focus

73. Resource Sovereignty: The Agenda for Africa’s Exit from the State Plunder

Author:
Tricontinental: Institute for Social Research
Publication Date:
05-2019
Content Type:
Working Paper
Institution:
Tricontinental: Institute for Social Research
Abstract:
The modern global economy, essentially guarantees the continued expatriation of profits and natural assets from resource-rich but capital-poor countries, facilitating the enrichment of the global economic elite and Multinational Corporations (MNC), at the expense of developing countries. To elaborate on the themes of corporate plunder, resource nationalism and people-centered forms of resource management, Tricontinental: Institute for Social Research spoke with Gyekye Tanoh, head of the Political Economy Unit at the Third World Network-Africa based in Accra (Ghana).
Topic:
Economics, Globalization, Natural Resources, Multinational Corporations, and Profit
Political Geography:
Global Focus

74. The Renewable Power of the Mine

Author:
Nicolas Maennling and Perrine Toledano
Publication Date:
12-2018
Content Type:
Working Paper
Institution:
Columbia Center on Sustainable Investment
Abstract:
Access to affordable and reliable energy is key for the mining sector and with rising demand for minerals and falling ore grades, energy demand is estimated to increase by 36% by 2035. Today, energy produced and procured by mining companies is mostly fossil fuel based. This will have to change if the sector is to contribute to the decarbonization of the world economy, needed for countries to meet the target adopted at the Paris Agreement of keeping global temperatures from rising more than 1.5-2 degrees Celsius. At the same time, the costs of solar, wind and battery storage systems have been falling at an unprecedented scale, which has encouraged an increasing number of mining companies to test these technologies at their mine sites. The Renewable Power of the Mine report, launched at the Energy and Mines World Congress in Toronto and prepared with the support from the German Cooperation, is the most comprehensive study to date on how the sector has been integrating renewables in their mining operations, the roadblocks that still exist, and the future trends that are likely to further drive the roll-out of renewables to supply electricity to mine sites. 38 case studies are included to highlight practical examples and lessons learned. Recommendations to address the outstanding roadblocks are included for governments, mining companies, independent power producers and donors.
Topic:
Climate Change, Energy Policy, Natural Resources, Mining, and Renewable Energy
Political Geography:
Global Focus

75. The New Arctic: Navigating the Realities, Possibilities, and Problems

Author:
New Global Commons Working Group
Publication Date:
07-2018
Content Type:
Special Report
Institution:
Institute for the Study of Diplomacy, Edmund A. Walsh School of Foreign Service, Georgetown University
Abstract:
A July 2018 ISD report on “The New Arctic: Navigating the Realities, Possibilities, and Problems” explores the implications of the New Arctic, and the broader geopolitical repercussions of these changes. The Arctic region has become a New Global Common. Increasingly navigable seaways and new access to natural resources create both opportunities for greater collaboration between Arctic and non-Arctic nations, as well as potential flashpoints, environmental disasters, and threats to indigenous communities. The challenge is to mitigate all of these potential threats, and develop the policies, partnerships, and infrastructure to help guide Arctic diplomacy in the decades to come.
Topic:
Climate Change, Diplomacy, Environment, Natural Resources, and Geopolitics
Political Geography:
Arctic, Global Focus, and United States of America

76. Fiscal Sustainability in Mongolia in 2018

Author:
Tsolmon Baatarzorig, Nyambaatar Batbayar, and Ragchaasuren Galindev
Publication Date:
01-2018
Content Type:
Special Report
Institution:
Natural Resource Governance Institute
Abstract:
In 2017, Mongolia received an extensive bailout package from the International Monetary Fund (IMF) under its Extended Fund Facility (EFF). Since taking the IMF loan, Mongolia has had good economic luck. A record high year of coal production combined with a surge in commodity prices has left the country with a budget revenue windfall. This has allowed gross domestic product (GDP) to grow by 5.3 percent, which was higher than the forecasted 3 percent. Mongolia has reduced its fiscal deficit and public debt is declining. The country’s credit rating has improved and it has managed to repay two large foreign currency-denominated bonds. The government has also recently created a Fiscal Stability Council to improve budget oversight.
Topic:
International Affairs and Natural Resources
Political Geography:
Mongolia and Global Focus

77. Tip-Toeing Toward Transparency: Jade and Gemstone Sector Disclosures in Myanmar

Author:
Paul Shortell
Publication Date:
12-2018
Content Type:
Policy Brief
Institution:
Natural Resource Governance Institute
Abstract:
Myanmar exports more than 90 percent of global jade supply and is also a leading source of high-quality rubies, sapphires and other varieties of colored gemstones. Mining of these precious stones generates billions of dollars annually, making it one of the country’s most significant sectors. Yet the jade and gemstone industry has remained largely shrouded in secrecy, with most profits flowing to armed groups and political elites rather than supporting broad-based economic and social development.1 The Extractive Industries Transparency Initiative (EITI) is a global standard designed to “promote the open and accountable management of oil, gas and mineral resources.”2 Since Myanmar became a candidate country in 2014, the EITI process has helped to shine light on the previously opaque jade and gemstone sector. Myanmar EITI released its first reconciliation report, covering fiscal year
Topic:
International Affairs and Natural Resources
Political Geography:
Global Focus

78. Discussion of Guyana’s Green Paper

Author:
Andrew Bauer, David Mihalyi, and Fernando Patzy
Publication Date:
01-2018
Content Type:
Policy Brief
Institution:
Natural Resource Governance Institute
Abstract:
Guyana is on the verge of becoming an oil-rich country. In absolute terms, Guyana’s petroleum wealth is modest, representing approximately 0.2 percent of global reserves, which places the country 26th globally. However, it possesses the world’s seventh-largest oil reserves per capita, second-largest in Latin America behind Venezuela. If revenue estimates from the Liza field prove to be accurate, Guyana could become one of the world’s largest per capita oil producers over the course of several years in the mid-2020s. According to independent projections, fiscal revenues from the petroleum sector could range between USD 7 and 27 billion over the next 30 years. Between 2025 and 2028, revenues could peak at between USD 800 million and 2.5 billion in a given year, at least doubling Guyana’s national budget in some years. That said, delays on these types of megaprojects are common and some revenue estimates may be optimistic.
Topic:
Natural Resources
Political Geography:
Global Focus

79. Reaching Wider Populations with Global Online Courses

Author:
Natural Resource Governance Institute
Publication Date:
01-2018
Content Type:
Special Report
Institution:
Natural Resource Governance Institute
Abstract:
Despite the critical relevance of natural resources to millions of peoples’ lives, most citizens of resource-rich countries have limited knowledge about how resources are governed. To address this knowledge gap, the Natural Resource Governance Institute (NRGI) developed two online training tools aimed at generating critical awareness and building technical knowledge about core resource governance issues. The first tool is a massive open online course (MOOC), “Natural Resources for Sustainable Development: The Fundamentals of Oil, Gas and Mining Governance.” The second is an online simulation called “Petronia,” named for an imaginary oil-rich country.
Topic:
International Affairs and Natural Resources
Political Geography:
Global Focus

80. Fragile States Index 2018 – Annual Report

Author:
J. J. Messner, Nate Haken, Patricia Taft, Ignatius Onyekwere, Hannah Blyth, Charles Fiertz, Christina Murphy, Amanda Quinn, and McKenzie Horwitz
Publication Date:
04-2018
Content Type:
Special Report
Institution:
The Fund for Peace
Abstract:
The Fragile States Index, produced by The Fund for Peace, is a critical tool in highlighting not only the normal pressures that all states experience, but also in identifying when those pressures are pushing a state towards the brink of failure. By highlighting pertinent issues in weak and failing states, The Fragile States Index—and the social science framework and software application upon which it is built—makes political risk assessment and early warning of conflict accessible to policy-makers and the public at large.
Topic:
Oil, Sovereignty, Natural Resources, Authoritarianism, Counter-terrorism, Democracy, Fragile States, Economy, Domestic Politics, Conflict, Resilience, Regional Politics, and Illiberalism
Political Geography:
Africa, Europe, Middle East, Poland, South America, Hungary, Spain, Venezuela, Mexico, Catalonia, Qatar, Central Europe, Sahel, Global Focus, United States of America, and Gambia