Ideas to Action:

Independent research for global prosperity

Tag: Natural Resources

 

Setting a Price on Carbon Immediately Is Necessary to Avoid Dangerous Climate Change

Avoiding dangerous climate change is possible, technologically and economically. That is one of the main takeaways from the report released Tuesday by the Intergovernmental Panel on Climate Change (IPCC) on cost-effective ways to mitigate climate change. That report is the third of four constituting the Fifth Assessment Report (AR5) of the IPCC. The first, on the science behind climate change, was released in September 2013; the second, on the current and future impacts of climate change, was released earlier this month. A synthesis report is set to be published in October.

Does Jim Kim Get Water?

Over the past week World Bank president Jim Kim’s mind seems to have been on water and development.  But what does he mean by “water” and how does this relate to the huge water-related development challenges faced by the World Bank’s borrowers?

Dodd-Frank, the EU, and the Resource Curse

British Prime Minister David Cameron’s op-ed  in the Wall Street Journal lays out his anti-poverty vision. As my colleague Todd Moss notes, this type of serious, top-down and bottom-up debate about development issues doesn’t make the US look especially good by comparison.

Implementing Oil-to-Cash – Todd Moss

When a poor country finds oil, bad things often get worse. Countries rich in extractable natural resources, especially oil, frequently suffer from crummy governance, high poverty, endemic corruption and conflict. Is it possible to beat this oil curse? My guest on the Wonkcast this week, Todd Moss, CGD vice president for programs and senior fellow, says yes. He argues that a government that transfers some or all of its oil revenue to citizens in a universal, transparent, and regular taxable payment, could strengthen the social contract, fight corruption, and lay the foundation for future prosperity.

How to Turn Citizens into Owners of National Wealth

This post, co-authored with Alan Gelb, was originally published in Financial Times: This is Africa

On November 28 Anadarko Petroleum doubled the estimate of its massive Mozambique gas discovery. If this proves correct, Mozambique will become a major gas exporter and can expect a hefty windfall.

Mozambique is not alone. Per square mile, proven sub-soil assets in poor countries — notably in Africa — are only about one quarter of those in better-explored, rich countries. Not surprisingly, high prices and new technologies are driving new oil, gas, and mineral discoveries across the developing world. Billions of dollars will be pumped into countries like Uganda, Liberia, Papua New Guinea, Mongolia and Bolivia. While this should be good news, it also raises concerns.

Attack on The Oil Curse in Nigeria!

Nigeria is proposing to transfer a 10 percent stake in the national oil company to delta communities; citizens of the delta would then be entitled to cash benefits, delivered through a trust-type mechanism. Read about it here.

That would be a real live breakthrough on a good idea proposed in CGD papers for Iraq and Ghana.

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