Mongolia has recently improved implementation of its 2014 "Glass Accounts Law," giving civil society actors unprecedented information about who buys from the state's mining enterprises, who the companies’ biggest suppliers are, and the sheer size and variety of state companies.
New NRGI research reveals that national oil companies will likely struggle to profit from $400 billion in anticipated investments if the Paris climate goals are met. Governments in many oil-rich emerging economies ought to critically assess the risks associated with pushing further into oil production.
The world’s essential move toward greener energy is placing national oil companies (NOCs) in evermore challenging positions. This 21 April event, convened by IISD and NRGI, will spell out the major challenges now facing NOCs, their governments and international climate initiatives.