Length Length

12 modules released weekly, with 2-week catch-up period

Effort Effort

4-6 hours per module

Languages Languages

English

Video Transcripts Video Transcripts

English, Français, Español, Russian, Arabic

Readings Readings

English, Russian

Prerequisites Prerequisites

None

Requirements Requirements

An internet connection to access course materials

CHALLENGES
How do countries translate natural resource wealth into

sustainable development outcomes?

CHALLENGES
POLICY
What policies are necessary for the sustainable management of

natural resource wealth?

POLICY
STRATEGY
How does governance of extractive industries impact

long term economic development?

STRATEGY
COMMUNICATION
Why is communication critical to

sustainable natural resource management?

COMMUNICATION

Overview

This course is available as of September 10, 2018. Enroll today !

Natural resources represent a potentially transformational opportunity to support development but are ultimately finite How do we make the most of them without destroying the planet? In this 12-week massive open online course, produced by the Natural Resource Governance Institute, the Columbia Center on Sustainable Investment and the World Bank, 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
  • Live Q&A sessions
These live sessions allow students to ask questions and engage directly with instructors and leading practitioners in the field. The exact dates of these sessions will be announced early in the course

Lead Faculty

  • Faculty Image

    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

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 a historical context of the extractives industry and its evolution

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?

Course logistics and requirements

This course will run live from September 10, 2018 through December 17, 2018.

Certificates

Students 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 oi

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 challenge

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