World Bank Extractives for Development (E4D) initiative:

focus on the Extractive

Industries Source Book project

Overview of E4D ‘DNA’

Front Line Development

Collaboration

Knowledge

E4D: Nuts and Bolts

• Supports key change agents, where prudent - anonymously.

• Responsive to needs of the Front Line

• A focus on Knowledge: the Extractive Industries Source Book, www.eisourcebook.org

• The ‘Art of the Possible’?: “Rents to Riches”

• A focus on Collaboration: the GOXI online community, http://goxi.org/

• Where the action is: the “Hot Topics”

E4D: Knowledge Consortium base • Partnership established under the EI Source Book • Already includes the Universities of Dundee

(Scotland), Witwatersrand (South Africa), Queensland (Australia) and the International Council on Mining and Minerals

• Potential additions to the consortium include the African Center for Economic Transformation in Ghana, and the Enterprise Research Institute at the Development Research Center of the State Council, P.R. China

E4D: Can-do approach

• Focussing the resources of complementary activities into one Extractive Industries enterprise, under World Bank leadership

• Strong evidence of commitment to joined-up partnership working to build a greater whole

• Common ethos of • Democratising Knowledge • Informing and Empowering Action

Extractive Industries Source Book, www.eisourcebook.org

Collaboration (the Source Book is built upon a solid project partnership)

Knowledge (the core focus of the Source Book)

Extractive Industries (EI) Source Book, www.eisourcebook.org

• Knowledge portal for the full EI Value Chain.

• The joint product of a partnership of global universities and centres of learning

• Continually updated, easy to navigate and a one-stop library of key documents

• From state-specific materials to global cross-cutting themes, from Discovery through to Development and Depletion to Diversification

EI Source Book … Partners and Partners’ Materials (some, specially commissioned)

EI Source Book…. The core Narrative chapters:

I. Introduction 1. Why a Source Book? 2. Opportunities and Challenges 3. The Extractive Industries II. Cross-Cutting Topics 4. Transparency and Accountability III. The Extractive Industries Value Chain 5. Policy, Legal and Contractual Framework 6. Sector Organization and Institutions 7. Fiscal Design and Administration 8. Revenue Management and Allocation 9. Sustainable Development

EI Source Book … example Narrative section & “Dashboard”

EI Source Book…. Dashboard Resources (so far….)

• World Bank products

• Other Attachments

• Comment/ Submit

• Third Party Submissions

Also, “Additional Reading”: summary documents and links to full text downloads.

EI Source Book … example “World Bank Products” uploaded to Chapter

9, Sustainable Development

EI Source Book … example “Other Attachments” uploaded to Chapter 7, Fiscal Design and Administration

EI Source Book … example “Other Attachments” uploaded to Chapter 7, Fiscal Design and Administration

EI Source Book … Submit your document online

EI Source Book … first online 3rd Party Submission: by Global Witness

EI Source Book … example quick-resource Summaries

Rents to Riches?: The Political Economy of Natural Resource Led Development (World

Bank publication)

Front Line Development (Rents to Riches is a practical guide for the Front Line)

Knowledge (specialist knowledge is key USP for this book)

GOXI, Governance of the Extractive Industries, http://goxi.org/

GOXI, Governance of the Extractive Industries, http://goxi.org/

Collaboration, (the core value proposition of GOXI)

Front Line Development, (a focus on the Front Line globally, originally the specific focus was Africa, a continent that GOXI membership/ content remains particularly strong regarding)

GOXI, http://goxi.org/

• Discuss the big ideas.

• Share news, opinions and information, including new research, events and vacancies.

• Connect with others (800+ members thus far) actively working on the sector and dealing with similar challenges.

• Announce initiatives in which you are engaged and collaborate to make them happen.

GOXI, http://goxi.org/

Foci for action: the Hot Topics

Front Line Development

Collaboration

Knowledge

World Bank’s 5 Hot Topics for 2011 Hot Topic Description

Geodata

Scaled-up support for pre-competitive geo-science information for developing countries could help national authorities derive greater value from resource auctions.

Resource corridors and green growth

The development of shared-use, green infrastructure from private sector investments can significantly enhance the footprint and sustainability of large “anchor” extractives developments though better spatial linkages.

PFM for Natural Resource Rich Settings

The design of effective arrangements for the management of NRM revenues - and the expenditures that they finance - is often a critical to the development impact of extractive industries.

Transparency & Global governance norms

Global norms and standards can play an important role in strengthening accountability of extractive industries and their development impacts at a country and project level.

Diversified extractives led development

The extraction of natural resources can play an important role in promoting development by supporting diversification of the economic activity.

Hot Topics: 2011 workshops

• 2011/12 global workshop series in place to take these forward:

o Jakarta, Indonesia, on the 24th - 25th October 2011, particularly for Hot Topic 4.

o Tunis, Tunisia, on the 3rd - 4th November 2011, particularly for Hot Topic 1.

o Washington DC, USA, on the 7th - 8th December 2011, particularly for Hot Topics 2 and 5.

o Mexico City, Mexico, on 12th - 13th January 2012 (exact dates tbc), particularly for Hot Topic 3.

Thank You