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- Mainstreaming Environment and Climate for Poverty Reduction and Sustainable Development
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Managing private investment in natural resources
- Author: United Nations Environment Programme
- Main Title: Mainstreaming Environment and Climate for Poverty Reduction and Sustainable Development , pp 89-102
- Publication Date: January 2016
- DOI: https://doi.org/10.18356/b53fa9a5-en
- Language: English
This chapter discusses support to governments to manage private investment in natural resources. The focus is on investment in the primary sector or ENR management areas, including agriculture, forestry, fisheries and extractive industries—a topic of growing interest among international investors and of high economic significance to many developing countries including much of sub-Saharan Africa and South East Asia. Mainstreaming will include adopting and implementing a strategic approach for foreign direct investment within the country’s overall development strategy; establishing economic and institutional settings and implementing policies to attract and successfully manage FDI; scrutinizing individual investment proposals and negotiating investment contracts; and monitoring investor compliance with relevant laws and project contracts.
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