Person:
Tordo, Silvana
Author Name Variants
Fields of Specialization
Petroleum sector,
Sovereign wealth funds,
Strategic investment funds,
Climate change adaptation finance
Degrees
ORCID
Departments
Energy and Extractives Global Practice
Externally Hosted Work
Contact Information
Last updated
January 31, 2023
Biography
Silvana Tordo is a Lead Energy Economist at the World Bank’s Energy and Extractives Global Practice where she co-leads the Extractives-led Local Economic Development (ELLED) program. Silvana’s publications cover a wide range of topics, including value creation by national oil companies, allocation of petroleum rights, oil and gas taxation, strategic investment funds, industrial policy, and climate-smart policies.
Publication Search Results
1 - 3 of 3
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Publication
Petroleum Exploration and Production Rights : Allocation Strategies and Design Issues
(World Bank, 2009-11-01)Petroleum has become an integral part of today's global economy and a key component of many national economies. Hence, the presence of petroleum in meaningful quantities can have important economic, developmental, and strategic consequences for a country. While a country's petroleum resource base is a gift of nature, translating this resource into saleable crude oil requires investment and effort. Whether governments choose to invest directly or allow private investors to do so, their primary concern should be to maximize the social benefits derived from the exploitation of the resource base. In practice, however, defining what constitutes maximum social welfare is essentially a political question, which helps explain the variety of objectives pursued by governments over time. In order to exploit their natural resources efficiently, many governments rely on private oil companies. Governments have a challenging task in deciding which companies should be awarded the exclusive rights to explore, develop, and produce their resources, and on what conditions such rights should be awarded. There is little empirical documentation on the design and relative effectiveness of alternative systems for the allocation of petroleum exploration, development, and production (E&P) rights and their policy implications. This paper analyzes the available evidence on the advantages and disadvantages of various practices used by petroleum producing countries to allocate petroleum E&P rights, and draws conclusions about the optimal design of E&P allocation systems. -
Publication
Climate-Sensitive Mining: Case Studies
(World Bank, Washington, DC, 2019-04-29)The mining industry, which provides input to almost every product and service in the world, is a critical component of sustainable growth in mineral-rich countries and the economy at large. This report is intended to deliver an account of mining technologies, processes, and strategies that seek to incorporate environmental sustainability considerations and have the potential for local value creation and green growth. The analysis focuses on three areas--renewable energy, water management, and automation and transportation--that are considered to have the broadest impact on environmental sustainability and in-country value creation through economic linkages. A reference case study is presented for each of the four benchmark minerals: gold mining in Burkina Faso, iron ore in Australia, copper in Peru, and cement in India. The report is part of a series of background reports that inform the research on Building Resilience: A Green Growth Framework for Mobilizing Mining Investment. -
Publication
Methodology and Value Chain Analysis
(World Bank, Washington, DC, 2019-04-29)The mining industry, which provides input to almost every product and service in the world, is a critical element toward sustainable growth in mineral-rich countries and the economy at large. This report is intended to deliver an account of mining technologies, processes, and strategies that seek to incorporate environmental sustainability considerations and have the potential for local value creation and green growth. The analysis focuses on three areas--renewable energy, water management, and automation and transportation--that are considered to have the broadest impact on environmental sustainability and in-country value creation through economic linkages. A reference case study is presented for each of the four benchmark minerals: gold mining in Burkina Faso, iron ore in Australia, copper in Peru, and cement in India. The report is part of a series of background reports that inform the research on Building Resilience: A Green Growth Framework for Mobilizing Mining Investment.