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Natural Resources and Governance

Natural resources34Natural resources include all naturally occurring endowments which are a resource to mankind, ranging from land, air, water, soil, plants and animals. It also considers resources such as fossil fuels, mineral resources, forestry and biological organisms that are beneficial to humankind such as nitrogen fixing bacteria, etc. Natural resource governance is about ensuring that the proceeds from the exploitation of natural resources benefit the citizens of the continent as well as the communities hosting these sites of extraction. It also ensures that natural resources are allocated and used in a more sustainable way towards providing for future generations.

Natural resources can be categorized as either renewable or non-renewable resources. Renewable resources include those that are can be replenished, such as water, air, soil etc. These resources are replenished at much faster rate than they are exploited through a cycle of complex biological processes.

Non-renewable resources on the other hand include those resources that cannot be regenerated or replenished easily. Although they are plentiful, once fully exploited, they cannot be replenished easily. Examples include oil, coal and uranium. Currently, the global demand and exploitation of these non-renewable natural resources, particularly oil, is much higher than the rate at which they can be replenished. Hence, there is a need for a system of governance that will ensure that natural resources are utilized in more sustainable ways, in a bid to foster broader sustainability across the globe.

Natural Resource GovernanceNatural resources94

In resource-rich Africa, it is imperative to secure the livelihoods of the poor on the continent by providing effective natural resource governance models that will ensure the population benefits from these resources through sustainable policies and practices. In this regard, Influence Africa promotes effective natural resource governance in Africa through its focus on:

  • research;
  • case studies;
  • developing codes for extractive industries;
  • supporting Extractives Industries Transparency Initiatives (EITI) implementation;
  • developing and promoting community development plans, corporate social responsibility and corporate social investment initiatives that ensures the promotion of local content and empowerment of local people through mining activities; and
  • the adoption, review, assessment and amendment of national as well as regional integrative tools pertaining to: Natural Resource regulation; and engaging with policies at the Pan-African and National Level, Community Development Plans and Integrated Sustainability Reporting as applicable to natural resource development projects in Africa, Anti-Corruption Mechanisms and Tools aimed at assessing transparency and accountability in the management of funds by both the public and the private sectors relative to Natural Resource Development in Africa.

As part of our work, Influence Africa provides expertise in Industry Policies and acts in an advisory capacity to natural resource extractive industries, regulators, policy makers, civil societies and organizations. In so doing, we provide advice on government policy, proposed and existing legislations, regulations and processes. We also assist countries in the negotiation of beneficiation contracts.

Our work also covers various areas of reclamation and sustainable development processes, as well as developing areas of emissions trading and climate change. We therefore undertake, develop, analyze, evaluate and amend extractive corporate policies relative to feasibility and impact assessment studies for natural resource development projects (i.e. socio-economic and Environmental Impact Assessments, and Human Rights Impact and Compliance Assessments).

 

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