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Thursday, September 3 • 11:00 - 13:00
Transparent Governance in an Age of Abundance: Experiences from the Extractive Industries in Latin America and the Caribbean

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Investment from the extractive industries generates more than half of government revenue in petroleum-rich countries and more than twenty percent in mining countries. This wealth of minerals and hydrocarbons has translated into substantial revenues and macroeconomic growth but operations in the extractive sector have also led to problems such as perceptions of widespread corruption, unmitigated environmental impacts, and unmet development expectations. This session will discuss transparency as a first step and a key component in the resolution of the challenges surrounding the extractive industry, with a focus on promoting ethical and sustainable investments in the extractive industries in Latin America and the Caribbean.

The aim of the session is to contribute to a lively debate on transparent governance in oil, gas, and mining, share knowledge gleaned on the subject in Latin America and the Caribbean, explore work done in other regions such as Africa with a view of promoting south-south cooperation opportunities and sharing best practices. The information from the session may help policymakers, academics, investors, civil society organizations and media to learn more about how to improve the extractive sector, highlighting that the resource curse is not inevitable and that countries are finding innovative ways to enhance transparency and thus creating new spaces for vertical and horizontal accountability. The basis of this discussion is a recent book by the Inter-American Development Bank, which highlights cutting-edge research and frontier initiatives to mitigate risks inherent in the extractive industries through transparent governance.

Moderators
avatar for Francisco Paris

Francisco Paris

Regional Director for Latin America and Caribbean, Eiti

Speakers
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Fernando Castillo

General Director of the Social Management Office, Ministry of Energy and Mining, Peru
avatar for Daniel Kaufmann

Daniel Kaufmann

President, Nrgi
Daniel Kaufmann is currently President of the Natural Resource Governance Institute. Previously he served as a director at the World Bank Institute, where he pioneered new approaches to measure and analyze governance and corruption, helping countries formulate action programs. At the World Bank, Kaufmann also held senior positions focused on finance, regulation and anti-corruption, as well as on capacity building for Latin America. He is a... Read More →
AH

Anne Helen Godhavn Lunde

Leader of Ethics and Compliance, Statoil Asa
avatar for Juan Cruz Vieyra

Juan Cruz Vieyra

Operations Specialist, Inter-American Development Bank
Juan Cruz Vieyra has been with the Inter-American Development Bank since 2006, and is currently in charge of the Special Program for Institutional Development, the Institutional Capacity of the State Fund, the Canadian Fund for Universal Legal Identity, and the Transparency Trust Fund. | | Juan Cruz focuses on operations aimed at strengthening public management, transparency, and access to information. Before joining the Bank, he was a... Read More →

Session Coordinators
avatar for Juan Cruz Vieyra

Juan Cruz Vieyra

Operations Specialist, Inter-American Development Bank
Juan Cruz Vieyra has been with the Inter-American Development Bank since 2006, and is currently in charge of the Special Program for Institutional Development, the Institutional Capacity of the State Fund, the Canadian Fund for Universal Legal Identity, and the Transparency Trust Fund. | | Juan Cruz focuses on operations aimed at strengthening public management, transparency, and access to information. Before joining the Bank, he was a... Read More →



Thursday September 3, 2015 11:00 - 13:00
Hall 7

Attendees (16)