sharing in governance of extractive industries
The stark reality of modern society is, that of all of the material we use in our daily lives, if it wasn’t grown, it was mined or drilled. We are all incredibly reliant on the mining, oil and gas industries. At the same time, we must accept the fact that without reform in the extractive industries the global community will struggle to meet our sustainable development goals.
Navigating the paradox of our reliance on a sector in need of dramatic reform is a complex and delicate task. A wide array of guidance is available about how countries, citizens, civil society organisations and companies can improve the governance of natural resources, but putting ideas into practice requires the right mix of change agents working both inside and outside of the industry. Campaigners and advocates on the outside, by demanding change, create the conditions for policy makers and corporate managers on the inside to deliver reforms.
The United Nations Sustainable Development Solutions Network, in partnership with the Natural Resource Governance Institute, the Columbia Center on Sustainable Investment, and the World Bank have assembled a world class faculty to present a free Massive Open Online Course on Natural Resources for Sustainable Development. The course aims to mobilise a global movement of citizens and practitioners that can ensure the development of mineral and hydrocarbon resources contributes to a sustainable future.
Enrolments for the course are open now with the first module to begin on February 1.
I will also join the faculty to present a module on anticipating and managing environmental issues. The module draws on a chapter of my new book Mountain Movers: Mining, sustainability and the agents of change. The chapter will be made available free to MOOC participants. A short teaser of the module is available here.
The MOOC covers the fundamentals of oil, gas and mineral extraction; 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.
A link to the trailer of MOOC is available here.
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