Guiding Principles for Durable Extractive Contracts / Organisation for Economic Co-operation and Development.

Format:

Book

Government document

Author/Creator:

Organisation for Economic Co-operation and Development

Contributor:

SourceOECD (Online service)

Series:

OECD development policy tools 25183702.

OECD Development Policy Tools 25183702.

Language:

English

Subjects (All):

Energy.

Finance and investment.

Development.

Physical Description:

1 online resource (22 pages).

Place of Publication:

Paris : OECD Publishing, 2020.

System Details:

text file

Summary:

The Guiding Principles for Durable Extractive Contracts (the Guiding Principles) provide guidance on how resource projects can be developed to reflect the balance of risks and rewards that underpins durable contracts, while taking into account community interests and concerns since the very beginning. The Guiding Principles offer a blueprint for the content and negotiation of durable extractive contracts that can reduce the drivers of renegotiation and can provide adaptive and flexible provisions that, for example, can automatically adjust to prevailing market conditions. They also aim to assist host governments and investors in explaining the content of the contract to the public, thereby helping to overcome tensions between stakeholders. The Guiding Principles set out eight principles and supporting commentary that host governments and investors, as well as negotiation support providers and legal practitioners, can use as a common reference for future negotiations of enduring, sustainable and mutually beneficial extractive contracts.

Notes:

Title from title screen (viewed May 1, 2017).

ISBN:

9789264932470

9789264537118

9789264922648

Access Restriction:

Restricted for use by site license.