This course gives students an understanding of the key challenges and opportunities that come with managing extractive industry investments for sustainable development. This course, which is offered twice a year, builds knowledge to make the most of oil, gas, and minerals, while mitigating the risks that these industries bring. It outlines the various complex and interrelated aspects of natural resource governance, including: understanding the governance and industry fundamentals; developing and implementing robust and transparent legal frameworks; designing fiscal regimes to capture a fair share of the revenues; managing environmental risks; engaging with communities; leveraging investments for infrastructure and business linkages; and managing revenues for economic diversification and development, among others.
Natural Resources for Sustainable Development (Columbia Center on Sustainable Investment, SDSNedu, The World Bank)
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