Publication: Innovative Approaches for Multi-Stakeholder Engagement in the Extractive Industries
Date
2013-06
ISSN
Published
2013-06
Author(s)
Sheldon, Christopher Gilbert
Zarzar Casis, Alonso
Caspary, Georg
Seiler, Verena
Ruiz Mier, Fernando
Abstract
Extractive industries (oil, gas, and
mining) have the potential to generate significant wealth
for developing countries and to serve as important catalysts
for growth. They generate large revenues-through royalties,
taxation, and exports-and create employment. In some cases,
however, resource wealth is associated with political
turmoil, deteriorating standards of living, civil conflict,
and elite capture. The management's response to the
Extractive Industries Review (EIR) and accompanying
evaluations signaled a critical turning point in the World
Bank Group's (WBG's) engagement in the sector,
which had hitherto focused primarily on exploration and
development activities, sector policy reform, and
commercialization of state-owned enterprises. This
publication presents four of the finalist case studies,
selected on the basis of project: 1) scalability; 2)
replicability; 3) innovation; and 4) level of
multi-stakeholder collaboration. In an effort to better
document and showcase the variety of ways in which country
teams are working with different actors on the often
sensitive topic of good governance in the oil, gas, and
mining sectors, the World Bank Institute and the World Bank
Oil, Gas and Mining Unit (SEGOM) initiated an internal case
story competition in 2011.
Citation
“Sheldon, Christopher Gilbert; Zarzar Casis, Alonso; Caspary, Georg; Seiler, Verena; Ruiz Mier, Fernando. 2013. Innovative Approaches for Multi-Stakeholder Engagement in the Extractive Industries. Extractive Industries for Development;No. 29. © World Bank, Washington, DC. http://hdl.handle.net/10986/16298 License: CC BY 3.0 IGO.”