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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.


As part of the OECD Strategy on Development adopted at Ministerial level in May 2012, 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. The work and analysis of the Policy Dialogue also feeds into other international processes such as the 2030 Agenda for Sustainable Development, the G7 CONNEX Initiative, the G20 Development Working Group and the G20 Anti-Corruption Working Group.

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LATEST NEWS

UPCOMING EVENTS

  • 22-23 June 2016: 6th Plenary Meeting of the Policy Dialogue (by invitation only)

 
Find out more about Policy Dialogue on Natural Resource-Based Development:

Natural resources brochure cover

 

Shared Value Creation

 

Revenue Management and Spending

 

Getting Better Deals

 

Corruption Risks

Participating countries and stakeholders in the consultation process have collectively developed a Framework on Public-Private Collaboration for In-Country Shared Value Creation from Extractive Projects to use extractives to build competitive and diversified economies

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.

A Compendium of Practices is being developed to provide further guidance for operationalising the Framework, inform improved policy making and support the implementation of the 2030 Agenda for Sustainable Development by showing how public-private collaboration can work in practice.

 

Participating countries endorsed the lessons learned in the Comparative analysis of country practices on the performance of stabilisation funds and public investment options. Participants agreed on the merit of continuing the dialogue on natural resource funds and revenue spending to address specific demands from resource-rich emerging and developing countries, broadly differing from those of developed economies. 

 

The Policy Dialogue and the G7 CONNEX Initiative have joined forces to establish a CONNEX Negotiation Support Forum with a view to building a common knowledge base to negotiate better deals and identifying ways to improve the quality of the advice by service providers.  

The methodological tools under development by the OECD Tax and Development Programme aim to assist tax authorities in verifying mineral products prices in transactions between related parties and constitute another step towards reducing asymmetry of information and improving government capacity for contract negotiation.

 

Participating countries and stakeholders in the consultation process have collectively developed a Typology of Corruption Risks in the Extractive value chain with Mitigation Measures and Incentives.

This work is intended to contribute to the 2030 Agenda for Sustainable Development 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.

The Typology can be used as a benchmarking tool by stakeholders or integrated into existing methodological tools to carry out sector-specific integrity scans or peer-reviews, such as the African Peer Review Mechanisms. 

 

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