#statefragility

_The Conference

How to promote a sustainable, inclusive and effective governance of natural resources?

More than 1.5 billion people live in conflict-affected countries. Most of these countries are rich in valuable natural resources, which, if well managed, can drive economic growth and prosperity.

After achieving peace, the governments in these countries need a sustainable flow of income in order to sustain peace, reinforce statebuilding, increase resilience and provide for basic services. ...However, weak institutional capacity to appropriate natural resources often fuels tensions between growth, conflict and sustainability, in parallel with undue interference from foreign interests or corruption practices.

Countries that are rich in natural resources often fail to secure a fair share of the revenues generated by the extractive sector and other resources, suffering also from lack of investment and/or harmful practices.

In some cases, including in richer countries, the “resource curse” has aggravated social and political conflicts, as well as indebtedness and increased social and regional inequalities. Countries are often trapped within a vicious circle in which they are simultaneously rich and poor. A sustainable, transparent, inclusive and effective governance of natural resources such as water/oceans, land and commodities (minerals, oil) is crucial for countries with fragilities. The 2030 Agenda for Sustainable Development recognizes in several ways, including under SDG 12 on responsible consumption and production, the importance of achieving sustainable management and efficient use of natural resources. However, achieving these goals is a complex endeavour as it depends upon political, economic and security factors, local, regional and global.

The conference was held in the EDP Auditorium in Lisbon and contributed to create a framework of good governance and management of natural resources, in order to sustain peace and build resilience and development.

This is the first of a series of biennial thematic Conferences organised by the g7+ and the Lisbon Club to raise awareness and discuss challenges faced by fragile and conflict-affected countries.


Speakers


_Programme

 

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Panels

Opening

Resilience, Development and Fragility

Keynote Speech

Governance and Sustainability of Natural Resources

Closing


Interview Paul Collier - 1st Conference on State Fragility



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