Monday, October 17, 2016

Journalists Learn Natural Resource Decision Chain

Monday, October 17, 2016
Ebenezer Agyekum-Boateng, TV3, Accra
Dar es Salaam October 17, 2016: Twenty-four journalists, eight each from Uganda, Ghana and Tanzania have be taken through the elements of the Natural Resource Decision Chain at the opening of a fourteen day extractive industry workshop in Dar es Salaam, Tanzania.
The objective of the lesson is for the selected journalists to appreciate what goes on when a country finally decides to extract natural resources.
The decision chain illustrates the process of converting natural resources into longterm sustainable development, from exploration and discovery to spending the revenues.
The four main steps in the decision chain are discovery and deciding to extract, getting a good deal through negotiations, managing revenue and investing for sustainable development.
The Natural Resource Governance Institute (NRGI) and other organizations use the Natural Resource Charter to describe good governance along the decision chain.
It should be noted that the Natural Resource Decision Chain is different from Industry Value Chain which is how activities are organized in the industry from the upstream through the midstream to the downstream.
The workshop is being funded by Natural Resource Governance Institute (NRGI), organized by Journalists Environmental Association of Tanzania (JET) in partnership with Penplusbytes and the African Center for Media Excellence in Uganda (ACME).

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