The Natural Resource Charter is a global initiative to assist governments and societies of countries rich in non-renewable natural resources to effectively govern those resources in a way that generates economic growth, promotes the welfare of the population and is environmentally sustainable.[1][2]
The Charter is made up of 12 best practice principles, which cover the sequence of choices faced by governments in relation to resource extraction. These range from how to create the right environment for responsible investment, to fiscal terms, contracts, institutions and regulations, to macroeconomic management and strategies for sustainable development.[3][4]
The Natural Resource Charter has also developed an assessment framework, allowing governments and societies to assess their performance in natural resource governance according to the 12 precepts. In 2012 this assessment framework was piloted in Nigeria by a group of Nigerian civil society specialists on the petroleum sector, leading to the publication of an assessment report with traffic light scoring according to the precepts of the Charter.[5]
The Charter document was initially written by a group of leading experts on natural resource governance including Paul Collier, Michael Spence, Robert Conrad and Anthony Venables amongst other senior economists, lawyers and political scientists.[8] It received input from a range of stakeholders during a 12-month public consultation prior to the launch of the Charter in 2010.[9] A second edition was published by the Natural Resource Governance Institute in 2014, with drafting led by Jim Cust and David Manley.[10]
People
The Natural Resource Charter is led by an oversight board chaired by former Mexican president Ernesto Zedillo, and joined by Abdulatif Al-Hamad, Luisa Diogo, Mo Ibrahim, and Shengman Zhang.[10]
The work of the Charter secretariat and updates to the document were guided by a Technical Advisory Group of international experts, chaired by Michael Spence.[11]
natural, resource, charter, major, contributor, this, article, appears, have, close, connection, with, subject, require, cleanup, comply, with, wikipedia, content, policies, particularly, neutral, point, view, please, discuss, further, talk, page, july, 2017, . A major contributor to this article appears to have a close connection with its subject It may require cleanup to comply with Wikipedia s content policies particularly neutral point of view Please discuss further on the talk page July 2017 Learn how and when to remove this template message The Natural Resource Charter is a global initiative to assist governments and societies of countries rich in non renewable natural resources to effectively govern those resources in a way that generates economic growth promotes the welfare of the population and is environmentally sustainable 1 2 The Charter is made up of 12 best practice principles which cover the sequence of choices faced by governments in relation to resource extraction These range from how to create the right environment for responsible investment to fiscal terms contracts institutions and regulations to macroeconomic management and strategies for sustainable development 3 4 The Natural Resource Charter has also developed an assessment framework allowing governments and societies to assess their performance in natural resource governance according to the 12 precepts In 2012 this assessment framework was piloted in Nigeria by a group of Nigerian civil society specialists on the petroleum sector leading to the publication of an assessment report with traffic light scoring according to the precepts of the Charter 5 In 2011 the Charter was adopted by the African Union Heads of State steering committee for the New Partnership for Africa s Development as a flagship Natural Resource Governance Programme starting in 2012 6 7 History EditThe Charter document was initially written by a group of leading experts on natural resource governance including Paul Collier Michael Spence Robert Conrad and Anthony Venables amongst other senior economists lawyers and political scientists 8 It received input from a range of stakeholders during a 12 month public consultation prior to the launch of the Charter in 2010 9 A second edition was published by the Natural Resource Governance Institute in 2014 with drafting led by Jim Cust and David Manley 10 People EditThe Natural Resource Charter is led by an oversight board chaired by former Mexican president Ernesto Zedillo and joined by Abdulatif Al Hamad Luisa Diogo Mo Ibrahim and Shengman Zhang 10 The work of the Charter secretariat and updates to the document were guided by a Technical Advisory Group of international experts chaired by Michael Spence 11 References Edit All News Fouche Gwladys February 5 2009 Managing the curse of natural resources charter offers guide for politicians via www theguardian com Yumkella Kandeh K 18 May 2009 Opinion Ending the Resource Curse The New York Times Nothing is faster than Follow the green strategy to save earth Nigeria Natural Resource Charter AERC Archived from the original on 2011 05 02 Retrieved 2013 04 09 Auda Nepad PDF News Topics a b https resourcegovernance org sites default files documents nrcj1193 natural resource charter 19 6 14 pdf bare URL PDF naturalresourcecharter org naturalresourcecharter org Retrieved from https en wikipedia org w index php title Natural Resource Charter amp oldid 1105673074, wikipedia, wiki, book, books, library,
