Extractive Industries

The World Bank helps developing countries manage their natural resource wealth responsibly and sustainably, in a way that contributes to sustainable growth and development, protects communities and reduces carbon emissions.

Featured

Publication

Global Gas Flaring Tracker Report

Progress in reducing gas flaring worldwide resumed in 2022, with volumes flared falling by 5 billion cubic meters (bcm) to 139 bcm, the lowest level since 2010.
Blog

Tech Tools Map a Future for Post-coal Communities

LURA, a new app, helps communities decide how to repurpose land for sustainable use.
Just Transition for All

SUPPORTING COUNTRIES TRANSITIONING AWAY FROM COAL

The World Bank continues to work with countries to ensure a just transition away from coal that benefits people and planet.

Extractive Industries At-A-Glance

About 3.5 billion people live in countries rich in oil, gas, or minerals. But, all too often, these resources have become a source of conflict rather than opportunity. Many of these countries also suffer from poverty, corruption, and conflict stemming from weak governance.

Overview

Global Gas Flaring Data

The only global and independent indicator of routine gas flaring, the World Bank’s Global Gas Flaring Tracker takes data directly from a satellite launched in 2012 and is monitored by the U.S. National Oceanic and Atmospheric Administration (NOAA).

Data

Multimedia

Maximizing the Benefits of Oil, Gas and Mining for Developing Countries

Minerals, metals, natural gas and oil have the potential to drive economic growth and contribute to poverty reduction. However, resource-rich developing countries face a range of challenges such as corruption, a complexity of reforms, economic dependence, adverse social and environmental impacts and gender inequality.

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Focus Areas

EGPS

Extractives Global Programmatic Support (EGPS) helps developing nations in the governance of their oil, gas and mineral ...
Gas Flaring Reduction

The World Bank’s Global Gas Flaring Reduction Partnership (GGFR) works to end routine gas flaring at oil production sites ...