Equitable and Sustainable Use and Valuation of Natural Resources
Countries with abundant deposits of resources face a number of challenging decisions including the very basic ones of whether or not to extract resources and how to responsibly manage the extraction and governance of the resulting resources and funds. Extraction of natural resources such as oil, gas, timber and minerals raise the opportunities and hopes in many developing countries of rapidly increasing incomes and living standards. However, even though many of these countries are experiencing considerable economic growth, many resource-dependent countries are unable to turn their natural wealth into sustained growth and promote an inclusive development leaving especially vulnerable groups, such as minorities and poor communities, to be disproportionately affected by the negative impact of natural resource extraction and without an equal share of benefits from the extraction.
Target Group and Entry Profile
The course is aimed at senior professionals from ministries or agencies, the private sector or civil society organizations involved in or influenced by the activities of extracting natural resources. Applicants should have at 3-5 years of experience in a relevant senior position and their organizations must be affiliated with Danish supported development activities.
The aim of the course is to enhance participants’ knowledge and to provide tools relevant for addressing challenges and opportunities related to natural resources extraction in developing countries.
Participants will be introduced to the key terms of exploitation, valuation and management of natural assets, and to the related environmental, health and socio-economic issues. Furthermore, participants will development understanding of good governance principles and tools for management for sustainable national and local development.
The course comprises 3 elements including:
- Training modules
- Action Planning
and the training modules include the following elements:
- Setting the scene – international trends and local resources
- Deciding to extract and the involvement of local communities
- Taxation and getting a good deal
- Good governance and ensuring revenue transparency
- Redistribution and investing for sustainable development
The Course is co-funded by the Danida Capacity Development Support Programme. The Programmes/Projects will be charged DKK 2,500 per participant per tutorial week in Denmark and DKK 1,500 for the week in Africa. The total funding needs are thus DKK 6,500. This includes study fees, accommodation, allowances, insurances and international transport.
Place of Study
The first part of the course will be provided in Copenhagen, Denmark by Grontmij A/S, one of the leading consulting firms in Europe and IBIS, a Danish NGO working in Africa and Latin America. See www.grontmij.dk and www.ibis.dk for further information. The second part will be conducted in cooperation with International Law Institute – African Centre for Legal Excellence (iliacle.org).