Extractives

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Improving Transparency in Extractive Industries in Ethiopia, and Tanzania Ethiopia and Tanzania are rich in natural resources, but both face questions on how to best govern the mining industry to ensure economic transparency and growth. The Extractive Industry Transparency Initiative (EITI) helps address the development and governance challenges facing these and other resource-rich nations. The knowledge exchange with…
Enabling Pro-Poor Management of Zambia’s Mineral Wealth Zambia faced challenges managing its natural resource wealth, especially from copper mining, in ways that reduce poverty; diversify the economy; and improve education, health, and livelihoods of Zambian citizens. Chile, another major copper pro­ducer, had a track record in supporting fiscal policies and programs that support sound management of…
Enhancing Capacity to Diversify the Mongolian Economy Mongolia has successfully transitioned from a centrally planned to a market economy but remains overly dependent on its mining industries. Especially after the discovery of massive gold, copper, and other mineral resources, the government of Mongolia (GOM) needed help to define an economic agenda, develop its agricultural sector, encourage…
Developing the Mining Sector in Tajikistan With one of the largest silver deposits in the world as well as other important minerals, Tajikistan is trying to make full use of its mineral sector to encourage economic growth. However, Tajikistan’s geological information is outdated, the mining sector is only now starting to attract significant foreign investment, and the many government…
Strengthening Natural Resource Revenue Management and Lowering Volatility in Papua New Guinea To decrease the negative effects of economic volatility induced by fluctuations in commodity prices and to improve management of natural resource revenues, Papua New Guinea wanted to learn international best practices through exchanges with other developing countries. The World Bank connected Papua New Guinea with Chile and Mongolia to learn how…
Reviving and Improving the Diamond Industries of Armenia and Lesotho The dismantling of the Soviet Union in the early 1990s led to the near collapse of the Armenian diamond cutting industry, which after a brief period of growth in the early 2000s has again declined. To rebuild the industry using global best practices and to increase access to raw diamonds, the Armenian government contacted the World Bank. Meanwhile…
Enhancing Natural Resource Management in Africa The governments of Cameroon and Ghana wanted to use oil and gas revenues more effectively to promote economic growth and reduce poverty. They also wanted to improve transparency and accountability in the sector. However, Cameroon and Ghana, as well as many other African countries, have had difficulty managing and sustaining the windfall wealth and…
Environmental Regulation in India’s Odisha State In 1995, with technical assistance from the World Bank, Indonesia introduced its Program for Pollution Control Evaluation and Rating (PROPER), the first such environmental rating and disclosure (ERD) initiative in the developing world. With experience from Indonesia, the World Bank helped introduce the concept to other countries, including Ghana,…