Overcoming a key barrier to stakeholder empowerment in the extractive industries
Publication date:
2 020Source:
Columbia Center on Sustainable Investment (CCSI)Source URL:
Columbia Center on Sustainable Investment (CCSI)Source URL:
http://ccsi.columbia.edu/the-politics-of-transparency-and-accountability/Publication type:
ToolkitPublication URL:
Go to resourcePublication URL:
http://ccsi.columbia.edu/files/2020/12/Overcoming-a-key-barier-to-stakeholder...Negotiation stage:
2. Pre-NegotiationSector:
Extractive Industries Investment Mining Oil & GasLong description:
Informational asymmetries can both reflect and perpetuate power asymmetries, undermining governance and development outcomes along the way. This piece, by CCSI's Senior Fellow Tom Mitro, proposes a tool for addressing one of the informational barriers to leveling the playing field between global extractives companies and host country government officials and communities.
By drawing on impartial publicly-available information on company social and environmental track records, the tool could be used in a variety of ways to empower host governments and communities in their dealings with these companies.
Anyone interested in exploring a possible pilot of this tool should contact CCSI at ptoled@law.columbia.edu.