Many resource-rich countries negotiate complex contracts to govern mining, oil, or gas projects. Despite the critical importance of these contracts in determining the risks and benefits of these projects, many developing country governments face disadvantages in the negotiation process. This can be because of asymmetric information or expertise, lack of preparedness, power imbalances, and other factors. This course examines the challenges governments face in negotiating strong contracts, and strategies that governments can use to address these challenges and increase the chances of negotiating a good deal.
This course was developed by the Natural Resource Governance Institute (NRGI), the Columbia Center on Sustainable Investment (CCSI), and the CONNEX Support Unit, with support from GIZ and the European Union. It is hosted by the SDG Academy.