Resource-backed loans in Ghana, as elsewhere in sub-Saharan Africa, have been largely characterized by unrealistic projections of loan amounts and potential projects; this has resulted in disbursement challenges and project funding bottlenecks.
In 2021—the second year of NRGI's six-year strategy—resource-rich developing countries faced stark and unprecedented economic, governance and social justice challenges. This report highlights just some of the positive outcomes brought about by NRGI, and its partners, in 2021.
Russia’s invasion of Ukraine will have long-term implications on energy markets. Countries are reassessing their reliance on Russian oil and gas, exploring an acceleration of the transition to greener energies and looking for alternative sources of petroleum.
Despite reform efforts in Guinea's mining sector, and because of the speed of mining expansion, communities in mining areas experienced increasingly negative impacts from the industry.
Mongolia’s Glass Accounts Law (2014) requires that government entities and state-owned enterprises disclose detailed financial and operational information on a public website. However, uptake of the law has been uneven among many SOEs operating in Mongolia.
Even before Russia’s invasion of Ukraine, the global economy was already facing the consequences of the health crisis caused by the coronavirus pandemic and bottlenecks in global supply chains. The war has further complicated international trade, exacerbating inflationary trends and the rise in commodity prices, particularly energy and food prices.
Desde antes del inicio de la guerra en Ucrania, la economía global ya enfrentaba las secuelas de la crisis sanitaria provocada por la pandemia del Covid-19 y los cuellos de botella en las cadenas de suministro globales. La guerra ha complicado aún más el comercio internacional, profundizado las tendencias inflacionarias y el aumento de los precios de los commodities, especialmente los vinculados a la energía y los alimentos.
Le cobalt est un minéral critique. À l’instar d’autres minéraux critiques, le cobalt est lié à des utilisations économiques importantes et, à l'heure actuelle, peu de substituts viables, mais son approvisionnement est confronté à un risque élevé de perturbation. Une bonne gouvernance est importante à la fois pour les populations des pays miniers, ainsi que pour respecter l’accord de Paris sur le climat.
Cobalt is critical. Along with other critical minerals, cobalt has important economic uses and currently few viable substitutes, yet its supply faces a high risk of disruption. Proper governance is important both for people in mining countries and for humanity to meet the Paris Climate Agreement.
