Items in this collection
Changes in CO2 Emissions from Energy Use : A Multicountry Decomposition Analysis
2009-10, Kojima, Masami, Bacon, Robert
The continued growth of global emissions of carbon dioxide (CO2) and their likely adverse effects on global warming are focusing debate on the contribution of various countries to total emissions and the comparability of efforts across countries in mitigating these emissions. This paper examines recent trends in CO2 emissions across countries at different levels of development and asks what has been contributing to the growth of emissions as well as to their moderation. The paper applies a decomposition analysis, an accounting methodology based on a log mean Divisia index, to analyze the change in CO2 emissions over a decade.
Government Response to Oil Price Volatility : Experience of 49 Developing Countries
2009-07, Kojima, Masami
Oil prices rose from 2004 to historic highs in mid-2008, only to fall precipitously in the last four months of 2008 and lose all the gains of the preceding four and a half years. The steep price increase from January 2007 to July 2008 was challenging for all economies. While the sharp drop in prices since August 2008 has been welcome news for consumers, the cause of it, the global financial crisis, is not. Moreover, currency depreciation against the dollar in many developing countries has meant that, in local currency units, petroleum product prices have not fallen as sharply as in U.S. dollars. This report examines the policy responses of 49 developing country governments to world oil price movements in the last three years. The sample includes 16 countries in Sub-Saharan Africa, 15 in Asia, 10 in Latin America, and 8 in the Middle East and North Africa. The report updates a companion 2006 publication on coping with higher oil prices and builds upon two other publications: one on oil price volatility and another on the degree of pass-through of world oil price increases between January 2004 and August 2009. As with all other publications in this series, this report examines issues related to oil price levels and volatility in the downstream petroleum sector and other sectors where oil is an important input, such as transport, fisheries, and agriculture, from the point of view of consumers. It does not consider macro-level policies (such as monetary or exchange rate policy) or the impact of oil price changes on the macroeconomic performance of countries, nor does it discuss management of the windfall income by large oil exporters and the long-term economic consequences of revenue management.
Financial Surety : Guidelines for the Implementation of Financial Surety for Mine Closure
2009-06, Sassoon, Meredith
It is now accepted practice that when a company relinquishes a mining title, whether for an exploration or mining site, it is responsible for carrying out the rehabilitation of that site prior to departure. To ensure this is the case, most jurisdictions now require some form of closure plan or rehabilitation program to be submitted to the regulatory authority prior to the start of any work on the site. It is an increasingly common requirement for the closure plan to contain details of the estimated cost of rehabilitation and for a financial surety to be established at the same time. This report aims to provide governments with the information they need to make their own informed decisions. It is based on a review of existing financial surety systems in a number of countries. Questionnaires were sent out to a total of fourteen regulatory authorities; of these, nine provided sufficient detail about their existing financial surety systems to be included as full case studies. These are presented in the section case studies along with a summary of the latest European Union (EU) waste directives. Except where otherwise stated, the financial surety applies to all stages of a mining project, regardless of size. The purpose of the financial surety is to ensure that there will be sufficient funds to pay for site rehabilitation and post closure monitoring and maintenance at any stage in the life of the project, including early or temporary closure. The main aim of site rehabilitation is to reduce the risk of pollution, restore the land and landscape for an appropriate use, improve the aesthetics of the area, and prevent any subsequent degradation. The extent and cost of final site rehabilitation can be reduced if the site is rehabilitated even as it is being mined, so that the rate of restoration is similar to the rate of exploration or exploitation. This ideal is not often achieved, however; the majority of rehabilitation usually takes place once work on the lease has ceased.
Striking a Better Balance : Volume 2. Stakeholder Inputs - Converging Issues and Diverging Views on the World Bank Group's Involvement in Extractive Industries
2003-12, World Bank
In July 2001, the extractive industries review (EIR) was initiated with the appointment of Dr. Emil Salim, former Minister of the Environment for Indonesia, as eminent person to the review. The EIR was designed to engage all stakeholders-governments, nongovernmental organizations (NGOs), indigenous peoples' organizations, affected communities and community-based organizations, labor unions, industry, academia, international organizations, and the World Bank Group (WBG) itself-in a dialogue. The basic question addressed was, can extractive industries projects be compatible with the WBG's goals of sustainable development and poverty reduction? The EIR believes that there is still a role for the WBG in the oil, gas, and mining sectors-but only if its interventions allow EI to contribute to poverty alleviation through sustainable development. And that can only happen when the right conditions are in place. This report makes major recommendations on how to restore the balance in the WBG - promote pro-poor public and corporate governance in the EI, strengthen environmental and social components of WBG interventions in these industries, respect human rights, and rebalance WBG institutional priorities. These recommendations have as the ultimate goal: to lift up civil society so it is balanced in the triangle of partnership between governments, business, and civil society; to raise social and environmental considerations so they are balanced with economic considerations in efforts at poverty alleviation through sustainable development; and to strive for a human-rights-based development that balances the material and the spiritual goals of life.
Mainstreaming Gender into Extractive Industries Projects : Guidance Note for Task Team Leaders
2009-08, Eftimie, Adriana, Heller, Katherine, Strongman, John
Extractive industries (EI) can bring many positive development impacts to the communities involved, but also have the potential to create or exacerbate vulnerabilities within these communities. Benefits and risks are often evaluated and measured at the community level, with little examination of the different impacts on men and women. In fact, evidence suggests that a gender bias exists in the distribution of risks and benefits in EI projects: benefits accrue to men in the form of employment and compensation, while the costs, such as family and social disruption, and environmental degradation, fall most heavily on women. Despite the ample evidence of gender bias, and its implications, in EI, there is significant scope for increasing the gender focus of most EI projects in the World Bank. Analyzing and adapting projects to local gender issues can help to mitigate the risks created by EI, and amplify the potential benefits to both men and women, leading to increased profitability and more sustainable development impacts. Furthermore, understanding and adapting projects to improve gender sensitivity is essential to realizing the Bank's stated commitment to both mainstreaming gender and to the third Millennium Development Goal (MDG) of gender equality and empowerment of women. The following guidelines briefly outline some of the ways that EI can impact men and women differently and the associated development implications, and provide step by step suggestions for how to understand and integrate gender issues into World Bank Group EI project design.
Changing Patterns of Household Expenditures on Energy : A Case Study of Indonesia and Pakistan
2009-06, Bacon, Robert, Bhattacharya, Soma, Kojima, Masami
This paper applies a decomposition technique using a log mean Divisia index to two sets of household surveys taken several years apart in Indonesia and Pakistan. The methodology enables separation of changes in expenditure on different types of energy into changes in prices, quantities, the share of households using the given form of energy, and total household income. The technique was applied to electricity, liquefied petroleum gas (LPG), kerosene, and gasoline in Indonesia, and to natural gas, kerosene, LPG, purchased firewood, collected firewood, dung cake, and other forms of biomass in Pakistan. The methods of analysis presented in this paper could be extended to other commodities or to changes in energy use patterns over longer periods of time, where suitable household expenditure surveys are available. In particular, when household surveys covering the period of high oil prices become available, the analysis of changing household patterns of fuel use will be valuable. The availability of evidence on the use of energy by various household groups will be important for considerations of providing targeted support to low-income households at times of unexpected shocks to energy prices.
Emerging Players in Global Mining
2009-06, Humphreys, David
Companies from the emerging economies are a growing feature of the global mining industry. This document looks at who these companies are and the factors behind their growth. The contribution of the emerging economies to the global supply of minerals since 2000 is striking. With their growth in production exceeding that of the advanced economies in almost every commodity, the share of these countries in global mineral production mounted steadily. Several factors have combined to provide a boost to the role and fortunes of emerging economy companies in mining over recent years. Five of the most important are: (i) market liberalization and privatization of state-owned companies; (ii) privileged access of local companies to significant and underdeveloped local resources; (iii) strong financial positions due to the mining boom of 2003-2008; (iv) drive for geographic and commodity diversification, at times with tacit support of respective home governments; and (v) strategic expansion, usually to ensure raw material supplies for their metallurgical operations. The role of the emerging economy countries, and of companies based in these countries, is going to become increasingly important to the minerals industry in coming years.
Gender Dimensions of the Extractive Industries : Mining for Equity
2009-08, Eftimi, Adriana, Heller, Katherine, Strongman, John
Extractive industries (EI) impacts can be positive and negative, spanning economic, social, and environmental issues. Oil, gas, and mining projects may create jobs, but may also consume farming land for their use, changing livelihoods and limiting access to water, food, and firewood. Water sources may become polluted, but new roads may be built and communities may become electrified. Markets may boom, but prices may rise steeply. Given male and female relationships to each other, to the economy, to the land, and to their communities, men and women have very different experiences of these EI impacts, and evidence increasingly demonstrates that in general women are more vulnerable to the risks, with little access to the benefits. This publication presents how and why men and women are differently impacted by EI, exploring what the implications are for business and development, and providing policy and action suggestions for how to mitigate negative impacts and amplify positive ones and how to monitor and improve results. The publication focuses primarily on larger scale commercial operations but also considers some of the issues relating to artisan and small-scale mining (ASM). The report is addressed to the stakeholders in extractive industries, i.e., oil, gas, and mining development and operations community members and leaders; government officials; and managers and staff of EI companies.
Mineral Rights Cadastre : Promoting Transparent Access to Mineral Resources
2009-06, Ortega Girones, Enrique, Pugachevsky, Alexandra, Walser, Gotthard
This document proposes a set of generally applicable recommendations and good practices for creating a Mineral Rights Cadastre (MRC), an administrative body responsible for overseeing the process of granting and managing mineral licenses throughout a country. The document reviews lessons learned from World Bank-funded projects aimed at reforming mineral rights management and assesses the impacts and benefits of the implemented changes. The document focuses on the MRC system as a key regulatory agency of mining sector administration. This study is also intended to fill a gap in the literature on mining sector administration, as few publications since roughly the 1930s have been dedicated to the overall analysis of MRCs, particularly in relation to modern and recent mining cadastral practices. While the overall concepts and principles presented in this document are intended to be universally valid and applicable, there is no single solution to mining sector development, and it would be unrealistic to believe that actions that have been successful in one country can be directly transferred to others. The MRC of any given country will need to be adapted to that particular country's culture, tradition, existing legal framework, development capacity, and other factors. This document describes the trade-offs that may be necessary to arrive at an acceptable solution; using case studies, it also highlights concrete applications that can be recommended, based on typical country circumstances.
Extractive Industries Value Chain : A Comprehensive Integrated Approach to Developing Extractive Industries
2009-03, Mayorga Alba, Eleodoro
Proper stewardship of revenue from the oil, gas, and mining industries has tremendous potential to lift people out of poverty and contribute to sustainable development. These industries create jobs directly and indirectly, transfer technologies and knowledge, and generate significant income. These benefits provide governments with a financial base for infrastructure development and social service delivery. The extractive industries, and the petroleum sector in particular, are known for generating high economic rent the difference between the value and cost of production and the government's share of this rent can be very large in times of high commodity prices, as in the last several years. The Extractive Industries Transparency Initiative (EITI) seeks to help resource-rich countries maximize the development gains from the exploitation of their oil, gas, and mineral resources by encouraging greater EI revenue transparency. Through the verification and full publication of payments made by companies and revenues from oil, gas, and mining received by governments, the EITI helps to safeguard against corruption and provides a powerful illustration of voluntary engagement of governments, industry, civil society and other stakeholders to establish a locally implemented global standard. This paper describes steps to improve EI revenue management, transparency, and accountability at each link of the value chain.