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Policy Dialogue on Natural Resource-based Development (PD-NR)

 

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Resource producer countries and extractive industries have become increasingly aware of the need to work together to use the extractive sector as a catalyst for long-term, competitive, inclusive and sustainable development. The OECD 
Policy Dialogue on Natural Resource-based Development (PD-NR) offers an intergovernmental platform for peer learning and knowledge sharing where OECD and non-OECD producing countries, in consultation with extractive industries, civil society organisations, and think tanks, can craft innovative and collaborative solutions for resource-based development. Learn more about our governance structure >>
Find out more about the PD-NR >>

 

Shared Value Creation

 

Revenue Management and Spending

 

Getting Better Deals

 

Corruption Risks

Participating countries and stakeholders in the consultation are working together to develop an Operational Framework on Public-Private Collaboration for Shared Value Creation to assist with the operationalisation of identified shared goals for sustainable value creation.

Country Reviews on Shared Resource-based Value Creation are also used to assess the constraints and opportunities for in-country value creation and better integration of the extractive sector with the rest of the economy.

Finally, we map opportunities for backward, forward and horizontal linkages at the different stages of the project cycle in the mining, oil and gas sectors. 

 

At the PD-NR meeting in November 2014, participating countries tasked the OECD Development Centre to develop an inception report on the comparative analysis of country practices on the performance of stabilisation funds and public investment options. The report will be discussed by participating countries in June 2015.

 

Participating countries have tasked the OECD Secretariat (Centre for Tax Policy and Administration) with producing a preliminary study on OECD and non-OECD methods to determine appropriate prices for minerals when traded in intermediate forms.

This work, supported by the G20 Development Working Group, is intended to enable countries tackle more effectively challenges in data comparability, reduce asymmetry of information for tax authorities and improve transparency in extractives. A draft study on mineral pricing for copper, gold and iron ore will be presented for review in June 2015.

 

Participating countries and stakeholders in the consultation are working together to develop a typology study on corruption risks in extractives, as well as corresponding mitigation measures.

This work is intended to contribute to the post-2015 development agenda and other international processes, including on-going efforts by the G-20 Anti-Corruption Working Group to prevent and address corruption in high-risk areas.

 

LATEST NEWS

  • 29-30 June: Fourth Meeting, OECD Conference Centre (Paris) — By invitation only
  • Download the roadmap of the Policy Dialogue on Natural Resource-based Development

  

ABOUT THE POLICY DIALOGUE

newsletter jan - nat resources

The Policy Dialogue on Natural Resource-based Development (PD-NR) is an integral part of the OECD Strategy on Development adopted at Ministerial level in May 2012, and consists of a multi-year structured inter-governmental process to foster knowledge sharing and peer-learning among producing countries — OECD member countries and partner countries alike on how to best harness natural resources for structural transformation and more inclusive and broad-based development. The initiative is articulated around four work streams:

1. Shared Value Creation and Local Development;
2. Revenue Spending and Stabilisation Funds;
3. Getting Better Deals; and
4. Detecting Corruption Risks in the Extractive Sector.

The involvement of stakeholders on a structured basis is a specific component of the process. A Business Consultative Platform has been set up to fully appreciate the implications of policy options and work toward strategic co-ordination with governments with a view to achieving mutually beneficial outcomes. Civil society organisations and think tanks also take part in the multi-stakeholder consultations. An Expert Advisory Board composed of representatives of international organisations and institutions has been established to catalyse efforts, promote effective collaboration, avoid duplication of work and fill the implementation gap.‌ Learn more about our governance structure >>

Drawing on collaborative evidence-based comparative analysis and in-depth country reviews co-ordinated by the OECD Secretariat, the PD-NR will lead to the development of compendium of good practices, operational frameworks and guidance tools.

In line with the spirit of the OECD Strategy on Development, and given the cross-sectoral nature of the issues to be addressed, the Policy Dialogue has been designed as a horizontal, cross-directorate OECD initiative hosted by the OECD Development Centre, involving other relevant directorates that can contribute or lead in specific policy domains:

Finally, the Policy Dialogue is also a pilot member of the OECD Knowledge Sharing Alliance (KSA).

 

 

 

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