Length
12 modules, accessible at any time
Effort
4-6 hours per module
Languages
English
Video Transcripts
English, Français, Español, Pусский, العربية
Readings
English, Pусский
Prerequisites
None
Requirements
An internet connection to access course materials
CHALLENGES
How do countries translate natural resource wealth into
sustainable development outcomes?
POLICY
What policies are necessary for the sustainable management of
natural resource wealth?
STRATEGY
How does governance of extractive industries impact
long term economic development?
COMMUNICATION
Why is communication critical to
sustainable natural resource management?
Overview
This course is self-paced – you can enroll immediately and complete the course materials at any time before August 31, 2024.
Natural resources represent a potentially transformational opportunity to support development, but they are ultimately finite. How do we make the most of them without destroying the planet? In this 12-week massive open online course (MOOC), produced by the Natural Resource Governance Institute, the Columbia Center on Sustainable Investment, and the World Bank, you will learn about efforts to sustainably manage extractive industry investments. You will come to understand the complex and interwoven aspects of natural resource governance and become part of a global movement of citizens and practitioners committed to harnessing the transformational impacts of our natural resources.
structure
- Pre-recorded lectures
- Readings
- Quizzes and final exam
- Discussion forum
Lead Faculty
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Jeffrey Sachs
Columbia University
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Patrick Heller
Natural Resource Governance Institute
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Lisa Sachs
Columbia Center on Sustainable Investment
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Paul Collier
University of Oxford
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Alexandra Gillies
Natural Resource Governance Institute
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Daniel Kaufmann
Natural Resource Governance Institute
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Mark Moody-Stuart
Foundation for the Global Compact
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Antonio Pedro
United Nations Economic Commission for Africa
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Carole Nakhle
Crystol Energy
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Cielo Magno
University of the Philippines
This course is for
Sustainable development practitioners – as well as private-sector actors, such as those who work in corporate sustainability and responsibility or renewable energy – who need to understand the historical context and evolution of the extractives industry
Extractive practitioners, such as those who work in oil, gas, and mining, who are interested in making the field more sustainable
Graduate students and advanced undergraduate students studying extractives, environmental science, environmental law, sustainable development, sustainable business, and related fields
Climate change activists or practitioners looking to understand the balance of sustainable resource use and business investment
Questions?
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Course team
courses@sdgacademy.org
Course logistics and requirements
This course is self-paced. All course components are available now and can be completed at any time that is convenient for the students. Please note that this course is not facilitated by a course team. We encourage students to engage with one another via the discussion forum. Any specific questions can be sent to the SDG Academy team at courses@sdgacademy.org.Certificates
Learners who successfully complete the course will be eligible to purchase a Verified Certificate signed by the course instructors.syllabus
Module 1: Challenges and opportunities
1.0
Introduction to the course
1.1
Short history of oil, gas, and mining
1.2
Challenges and opportunities of oil, gas, and mining
1.3
The decision chain of natural resource management (I)
1.4
The decision chain of natural resource management (II)
Module 2: Political economy of natural resources
2.0
Introduction to Module 2
2.1
How natural resources shape and are shaped by political context
2.2
Corruption trends in the extractive sector
2.3
International governance initiatives
2.4
Natural resources and the broader governance framework
2.5
Transparency and accountability
2.6
(Optional) Towards evidence-driven policy reform using the Resource Governance Index
Module 3: Fundamentals of oil, gas, and mining: Industry considerations and policy implications
3.0
Introduction to Module 3
3.1
From oil well to car — market, players, and extraction process in oil
3.2
From mine to mobile phone — market, players, and extraction process in mining
3.3
How a company decides to invest in a project
3.4
The project development process
3.5
Evolving technology
3.6
(Optional) Fundamentals of energy and petroleum
Module 4: Legal overview
4.0
Introduction to Module 4
4.1
Legal and regulatory frameworks for extractive industries
4.2
Allocation of rights
4.3
Implementation and monitoring of legal frameworks
4.4
International law and the extractive industries
4.5
State-owned enterprises: Role and governance
4.6
(Optional) Regional harmonization: Case studies from Africa
Module 5: Fiscal regime design and revenue collection
5.0
Introduction to Module 5
5.1
Resource economics and fiscal regime principles
5.2
Fiscal instruments I: Royalty/tax systems
5.3
Fiscal instruments II: Contract-based systems
5.4
Fiscal regime implementation
Module 6: Anticipating and managing environmental issues
6.0
Introduction to Module 6
6.1
Environmental challenges and trends: Oil and gas
6.2
Environmental challenges and trends: Mining
6.3
Managing environmental challenges
6.4
Extractives and climate change
6.5
Environmental impact assessments and environmental due diligence
Module 7: Community rights
7.0
Introduction to Module 7
7.1
Social impact and engagement
7.2
Human rights and the global mining industry
7.3
Mining and vulnerable populations
7.4
Company-community agreements
Module 8: Artisanal mining
8.0
Introduction to Module 8
8.1
Introduction to artisanal and small-scale mining (ASM)
8.2
Challenges of ASM
8.3
ASM and gender
8.4
Tensions between artisanal and large-scale mining
8.5
Key opportunities and the way forward
Module 9: Revenue management
9.0
Introduction to Module 9
9.1
Challenges of revenue management
9.2
Policy responses: Savings, spending, public debt, and earmarking
9.3
Natural resource funds
9.4
Revenue sharing and decentralization
Module 10: Investing in sustainable development: Economic linkages to the extractives sector
10.0
Introduction to Module 10
10.1
Introduction to economic linkages
10.2
Local employment
10.3
Local procurement
10.4
Enabling technology transfer
10.5
Downstream linkages
Module 11: Investing in sustainable development: Looking beyond extractives
11.0
Introduction to Module 11
11.1
Investing in investing
11.2
Leveraging extractive industries for infrastructure
11.3
Resource-for-infrastructure deals
11.4
(Optional) Integrated spatial planning
Module 12: Cross-cutting considerations and looking ahead
12.0
Introduction to Module 12
12.1
Political tripod and authorizing environment
12.2
Engaging citizens
12.3
Aligning extractive industries with the Sustainable Development Goals
12.4
Course wrap-up
