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8th OECD Plenary Meeting of the Policy Dialogue on Natural Resource-based Development

Dr Carole Nakhle, CEO of Crystol Energy, presented the all-important Principle on the fiscal regime for durable extractive contracts at the 8th OECD Plenary Meeting of the Policy Dialogue on Natural Resource-based Development (PD-NR). The meeting was held on 15 and 16 June at the OECD in Paris.

OECDResource producer countries and extractive industries have become increasingly aware of the need to work together to use the extractive sector as a catalyst for long-term, competitive, inclusive and sustainable development.

As part of the OECD Strategy on Development adopted at Ministerial level in May 2012, the PD-NR offers an intergovernmental platform for peer learning and knowledge sharing where OECD and non-OECD producing countries, in consultation with extractive industries, civil society organisations, and think tanks, can craft innovative and collaborative solutions for resource-based development. The work and analysis of the Policy Dialogue also feeds into other international processes such as the 2030 Agenda for Sustainable Development, the G7 CONNEX Initiative, the G20 Development Working Group and the G20 Anti-Corruption Working Group.

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