Global Seminar on The Role of Parliaments and Extractive Industries

Date: 12 – 16 January 2015
Location: Kigali, Rwanda

A Joint Seminar of the Commonwealth Parliamentary Association, World Bank Group, International Monetary Fund, United Nations Development Programme and Natural Resources Governance Institute

The CPA and its intergovernmental, its international partners and the CPA Rwanda Branch held the above Seminar from 12 January to 16 January in Kigali, Rwanda. This is a continuation of previous Seminars held on extractive industries in 2012 and 2013 by the CPA, the World Bank Group (WB), the International Monetary Fund (IMF), the United Nations Development Programme (UNDP) and the Natural Resources Governance Institute (NRGI) in Vienna, Austria. This year’s Seminar was held in partnership with the Parliament of Rwanda. 
The Seminar brought together between 25 and 30 Members from Commonwealth and other jurisdictions to discuss with each other and experts how Parliaments’ oversight of mineral, oil and gas developments can help to maximize the benefits of developing non-renewable resources.  Participants were drawn from countries with experience in this field as well as from nations with either limited experience or which are just embarking on mining and petroleum development.  

Many developing countries are rich in natural resources; however, these countries are facing challenges ensuring revenue from Extractive Industries (EI) is utilized to help reduce poverty and promote shared prosperity. Instead of contributing to poverty alleviation and economic growth, resource revenues often lead to corruption and underdevelopment, and in some cases have fueled conflict and war.  In order for natural resources to be used effectively and to contribute positively to development, greater participation, transparency, and accountability across the EI value chain needs to be promoted.  These governance objectives can only be achieved with the support of a wide range of stakeholders such as governments, multinational corporations, the media, Civil Society Organizations (CSOs) and, importantly, Parliaments.

Objective: The objectives of this year’s conference were to:

i. Share knowledge amongst the MPs on good practice around the EI issues with a particular focus on parliamentary oversight and monitoring
ii. Capture the experience of parliamentary delegations to be shared with the broader parliamentary community
iii. Share recent research outcomes and experiences related to the EI sector. 

For more information, please contact the CPA Secretariat.