The urgency of promoting the energy transition and shifting towards decarbonization has led to the need to increase production and processing of certain minerals, such as lithium. This situation could be an opportunity for lithium-producing nations to earn revenue and accelerate their own domestic energy transitions.
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.
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.
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.
