Sovereign Wealth Funds, Local Content Policies and CSR

This book explores three particular strategies in the extractives sector for creating shared wealth, increased labour opportunities and positive social, environmental and economic outcomes from corporate projects, namely: state wealth funds (SWF), local content policies (LCP) and corporate social responsibility (CSR) practices. Collectively, the chapters explore the associated experiences and challenges in different parts of the world with the view to inform equitable and sustainable development for the communities living adjacent to extractives sites and the wider society and environment. Examples of LCPs, SWFs and CSR practices from 12 jurisdictions with diverse experiences offer usefull insights. The book illuminates challenges and opportunities for sustainable development outcomes of the extractives sector. It reflects the need to take on board the lessons of these global experiences in order to improve outcomes for poverty reduction, inequality reduction and sustainable development.

Combines three key strategies for resource management Provides a unique comparison between diverse natural resources countries around the world Includes viewpoints of experts from different disciplinary and professional backgrounds Offers lessons for sustainable development outcomes from the extractives sector

Autorentext

Eduardo G. Pereira is a professor of natural resources and energy law as a full-time scholar at the Siberian Federal University and part-time, adjunct and/or visiting scholar in a number of leading academic institutions around the world.  He has been active in the oil and gas industry for more than ten years and is an international expert on joint operating agreements. His experience in this area - both academic and practical - is extensive. He has practical experience in over 40 jurisdictions covering America, Europe, Africa and Asia. Professor Pereira concluded his doctoral thesis on oil and gas joint ventures at the University of Aberdeen. He conducted postdoctoral research at Oxford Institute for Energy Studies (University of Oxford, UK) and another postdoctoral research at the Scandinavian Institute of Maritime Law (University of Oslo, Norway). He is also a managing editor for the African Journal on Energy, Natural Resources and Environmental Law and an associate editor of OGEL as well as an author and editor of several leading oil and gas textbooks. Further information about his profile and publications can be found at

Rochelle Spencer is the co-Director of the Centre for Responsible Citizenship and Sustainability at Murdoch University in Australia. Her research explores relationships between anthropology and development. The diversity of her fieldwork reflects the theoretical and practical issues arising from this relationship, centring on applied research with development NGOs around capacity building, rural livelihoods, feminist participatory action research, Indigenous social enterprise, experiential learning, solidarity and development tourism.

Jonathon W. Moses is a professor of political science at the Norwegian University of Science and Technology (NTNU), in Trondheim, Norway. His research deals with how countries can maintain their political sovereingty in the context of increasingly global markets, whetherthe threats to sovereingty come in the form of migration, capital mobility, or foreign direct investments. He is a former co-editor of European Political Science (EPS), and author of numerous books. 

Inhalt
Introduction.- Public Wealth Management and Distribution in the Extractive Industry in Nigeria.- Public Wealth Management and Distribution in Kenya's Extractives Sector.- Extractive Resources Management in Indonesia.