The School of Public Policy’s Extractive Resource Governance Program focuses on working collaboratively with partner jurisdictions to assist them in developing fit-for-purpose fiscal and regulatory governance frameworks to responsibly unlock and manage endowments of hydrocarbon and mineral resources. The mission of the ERGP is to provide policy and regulatory analysis and capacity development through education and training to assist jurisdictions with newly discovered resources or evolving extractive resource policy and/or regulation in establishing sound extractive resource governance policies. The ERGP focuses on three core areas that are critical to the establishment of sound and sustainable extractive governance frameworks: - Fiscal governance, which includes policies involving the collection, management and disbursement of resource revenue. This also includes evaluations of tax and royalty systems and how they impact the general public through the financing of infrastructure, public services, employment, etc.; - Regulatory framework, which includes policies related to the energy regulation design, and operations for oil and gas development including regulatory and environmental frameworks, licensing and contracts, resource conservation and recovery, compliance and enforcement, institutional and organizational design; and - Public engagement and community consultation, which includes policies and practices involving the appropriate utilization of local, state and national government revenues for sustainable and mutu¬ally beneficial economic and social policies. Included is the evaluation of stakeholder and community engagement strategies, such as building effective stakeholder and community relations, and local economic development. The ERGP is a highly responsive resource that delivers quality, customized programming tailored to the needs and interests of its clients. The ERGP has trained hundreds of government officials around the world and hosted numerous capacity-building workshops on issues such as: development of natural resource management frameworks; resource revenue management and saving mechanisms; community engagement and stakeholder consultation; regulation of unconventional resources; among many others. Our training programs are designed to meet the unique needs of our partners and clients. ERGP offers custom programs such as tailored workshops as well as its executive certificate program in Extractive Resource Governance. The certificate consists of three week-long modules in fiscal governance, regulatory governance, and community engagement.
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