Together with our partners at Global Witness, NRGI is recommending seven steps that stakeholders in Myanmar could take to implement the EITI beneficial ownership requirements in a way that increases the potential for concrete improvements in natural resource governance.
Natural resource revenue sharing will be part of upcoming discussions on federalism in Myanmar. This paper outlines the current state of fiscal decentralization, describes the size and location of extractive activities, and shares good practices for resource revenue distribution, drawing on international experiences.
I’d like to share a video clip about a Mongolian community that’s on its way to securing better governance of its mineral wealth. This clip is noteworthy because it gives outsiders a closer look at what kind of disaggregated information is required to benefit citizens impacted by extraction.
Many countries seek, through state-owned companies, an ownership interest (or “state equity”) in projects in order to maintain control of the technical and commercial elements of oil, gas and mineral extraction.