Regional workshop – Financing for the SDGs: The role of fiscal reforms, revenue management and sovereign wealth funds in the extractive sector

This workshop organised by the Green Fiscal Policy Network, in collaboration with the UNDP-UNEP Poverty Environment Initiative Asia-Pacific explored how to raise and use revenues from the extractive sector to support the SDGs, while reducing some of the negative environmental and social impacts of mining activities. The workshop brought together representatives from Australia, China, Germany, India, Indonesia, Lao PDR, Malaysia, Mongolia, Myanmar, Norway, Nepal, Philippines, Thailand, Timor Leste and Vietnam, providing a valuable opportunity for countries in the Asia Pacific region to share knowledge, experiences and good practices on this topic.  

Agenda

 

Biographies of speakers, chairs and facilitators

 

List of participants

 

Summary of discussions

 

Presentations

Day 1

• Session 1 – Seonmi Choi – Extractive Industries and Sustainable Development
• Session 1 – Uyanga Gankhuyag – Extractive industries and Sustainable Development
• Session 1 – Oana Luca – Fiscal regimes for extractive industries
• Session 1 – Harald Kueppers – Good financial governance
• Session 2 – Oana Luca – Macro-fiscal policy frameworks
• Session 2 – Perrine Toledano – Investing for sustainble development
• Session 2 – Uyanga Gankhuyag – Natural resource revenue sharing
• Session 3 – Ian Parry – Fiscal reforms to green extractives
• Session 3 – Aneta Nikolova – Green budget and tax reform for sustainable development
• Session 3 – Zheng Xinye – China
• Session 3 – Nanda Win Aung – Myanmar
• Session 4 – Tumendelger Baljinnyam – Mongolia
• Session 4 – Nino Alvina – Philippines
• Session 4 – Nitya Nanda – India
• Session 4 – Nurul Huda Romli – Malaysia

Day 2

• Session 5 – Andrew Bauer – Trends, principles and governance of natural resource funds
• Session 5 – Sony Kapoor – Using SWFs to support Development and Beyond
• Session 5 – Paul Cleary – Struggle to capture mineral rents – Australia, PNG & Norway
• Session 5 – Seung-Min Lee – Natural Resource Revenue Management and SWF–Mongolia and Other Countries in Asia
• Session 6 – Felipe Nery Bernardo – TLPF Management
• Session 6 – Soukvina Philavanh – Impacts of mining on local livelihoods in Lao PDR
• Session 6 – Masuma Farooki – Role of the private sector

Other relevant materials

• UNEP (2016) Policy Brief – Fiscal reforms in the extractives sector for green finance
• IMF (2016) Fiscal Analysis of Resource Industries (FARI) Methodology
• IMF (2015) Making public investment more efficient
• IMF (2012) Fiscal Regimes for Extractive Industries Design and Implementation
• IMF (2012) Macroeconomic policy frameworks
• IMF (2012) Macroeconomic policy frameworks Suppl.1
• IMF (2012) Macroeconomic policy frameworks Suppl.2
• NRGI and UNDP (2016) Natural Resource Revenue Sharing
• G7 CONNEX (Strengthening Assistance for Complex Contract Negotiations) Initiative  
• MAP-X: Mapping and Assessing the Performance of Extractive Industries