Sound natural resources management starts with a good political system and visionary leaders, according to a top development policy expert.
Further steps are establishing the right investment climate and an enabling environment for good governance in this sector to thrive, Femke Brouwer, parliamentary capacity development program officer at the Natural Resource Governance Institute, told Devex Associate Editor Richard Jones in this video interview on the sidelines of the Annual Democracy Forum 2014 in Gaborone, Botswana.
Brouwer added that countries rich in natural resources are seldom equally rich in good governance and democracy — and investors should be fully aware of this.
Watch the above clip to learn more insights from this expert about the importance of political vision and the tenets and limitations of democracy in natural resource management.
#DemocracyMatters is a three-week series exploring the intersection of democracy, development and natural resources management in partnership with International IDEA, the Institute for Democracy and Electoral Assistance.
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About the author
Lean Alfred Santos@DevexLeanAS
Lean Alfred Santos is a Devex development reporter focusing on the development community in Asia-Pacific, including major players such as the Asian Development Bank and the Asian Infrastructure Investment Bank. Prior to joining Devex, he covered Philippine and international business and economic news, sports and politics. Lean is based in Manila.