Natural Resource Governance Institute
For General Operating Support
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Amount$4,000,000
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Program
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Date Awarded3/20/2013
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Term24.0 Months
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Type of SupportGeneral Support/Organization
Overview
The Revenue Watch Institute (RWI) assists countries that are rich in oil, gas, and mining reserves to manage those resources effectively. A Hewlett Foundation grantee since 2006, RWI helps governments negotiate better contract terms with the extractive companies; advances global standards for companies and countries to report the taxes and royalties they pay and collect; and assists civil society organizations, parliaments, and media groups to oversee their governments’ ability to maximize public benefits from the sale of natural resources. In 2013, in addition to their ongoing research and capacity building programs, RWI will be launching the next iteration of the Revenue Watch Index that ranks countries by their natural resource transparency and makes recommendations for improvement. RWI will also be completing a strategic review process that will harmonize their technical assistance and capacity building services, focusing on a set of priority countries to increase their impact. At the international level, RWI will further advocate for greater payment and contract disclosure by governments and companies, and will continue to play a leadership role in platforms where natural resource governance reforms are advanced, such as the Natural Resource Charter, the Extractive Industries Transparency Initiative, and the Open Government Partnership.
About the Grantee
Grantee Website
www.resourcegovernance.org
Address
88 Pine Street (Wall Street Plaza), Suite 540, New York, NY, 10005, United States
Grants to this Grantee
for general operating support
The Natural Resource Governance Institute envisions a world where natural resources enable fair, prosperous, and sustainable societies, instead of undermining them, and supports informed, inclusive decision making about natural resources and the energy transition. The institute assists resource-rich developing countries to: (a) minimize harms and equitably benefit from the growing demand for transition minerals used in critical green technologies; (b) build inclusive economies that end dependence on fossil fuel extraction and advance a just energy transition; and (c) manage revenues from natural resources accountably, in accordance with citizen priorities. (Substrategy: Transition Minerals)
for general operating support
The Natural Resource Governance Institute promotes effective management of oil, gas, and mineral endowments to ensure that citizens of resource-rich countries benefit from these resources. At the country level, the institute works with local partners to provide training, technical assistance, and evidence to inform and improve policies and decisions about natural resource extraction and revenue allocation and use. The institute also contributes to strengthening international governance and transparency norms, notably the Extractive Industry Transparency Initiative and Open Government Partnership, and promotes uptake of those norms at the country level. The institute works in 12 resource-rich countries to accelerate the energy transition, ensure that governments get a good deal from natural resource contracts, minimize resource dependency, and address state capture. The institute also deepens implementation of the Extractive Industries Transparency Initiative requirements; promotes data use by civil society, media, and citizen groups for advocacy; and generates evidence to inform reforms of state-owned extractive companies. (Strategy: Inclusive Governance)
