About 3.5 billion people live in countries rich in oil, gas or minerals. With good governance and transparent management, the revenues from extractive industries can have a transformational impact on reducing poverty and boosting shared prosperity, while respecting community needs and the environment.
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September 23, 2014 — Myanmar and Lao PDR will both benefit from ensuring good governance of their extractive industries. Myanmar’s recent accession to the Extractive Industries Transparency Initiative (EITI) offered an opportunity for the two nations to share experiences. Read More »
Mineral revenues must tangibly benefit the people in resource-rich countries to reduce and eliminate conflict. Increasingly, there is the need to look at extractive industries through the lens of conflict prevention.