License to drill: a manual on integrity due diligence for licensing in extractive sectors

World Bank,Cari L. Votava,Jeanne M. Hauch,Francesco Clementucci

License to drill: a manual on integrity due diligence for licensing in extractive sectors
Format
Paperback
Publisher
World Bank Publications
Country
United States
Published
7 August 2018
Pages
154
ISBN
9781464812712

License to drill: a manual on integrity due diligence for licensing in extractive sectors

World Bank,Cari L. Votava,Jeanne M. Hauch,Francesco Clementucci

For the natural resources and extractives sectors, corruption in management and governance is particularly challenging and difficult to mitigate. Untangling and assessing the many deals and transactions is often even more difficult and complicated, particularly in countries with weak regulatory governance systems, where transparency and integrity safeguards are lacking. License to Drill is a practical manual to identify good practice options for reducing corruption risks in the extractives sector. Although there are many points in the extractives value-chain where corruption can emerge, the manual focuses on the licensing process because the decisions made at this early stage are among the most critical. License to Drill outlines methods to improve integrity in the licensing process - both to improve transparency and maximize the quality of entrants. For example, before licenses are granted or renewed, the manual stresses the critical importance of knowing the potential recipient(s). When valuable licenses fall into the hands of those who do not act responsibly, the repercussions and impacts on communities and the sector in general can be seriously damaging. As the manual explains, an effective and transparent licensing process can help filter out many such actors. The manual also offers effective, low-cost options for implementing integrity screening systems to assess potential licensees, thereby mitigating corruption risks.

This item is not currently in-stock. It can be ordered online and is expected to ship in approx 2 weeks

Our stock data is updated periodically, and availability may change throughout the day for in-demand items. Please call the relevant shop for the most current stock information. Prices are subject to change without notice.

Sign in or become a Readings Member to add this title to a wishlist.