15 October, Ulaanbaatar, October – The Government of Mongolia and the United Nations Development Programme (UNDP) will host an international conference on Avoiding the Resource Curse: Management Extractive Industries for Human Development from 20-21 October in Ulaanbaatar, Mongolia.
The high-level conference will bring together 100 government officials and delegates from Asia and the Pacific, Africa, Latin America, Europe and the Middle East, and representatives of civil society, donors, UN agencies and the private sector from more than 20 countries. Participants will examine how countries have coped with the challenges of natural resource management, and how extractive industry wealth can foster development and reduce poverty.
Many countries rely on hydrocarbons and minerals for a substantial share of their exports and public revenue. Natural resources present an opportunity to improve the lives of their citizens. In many cases, however, the discovery and extraction of oil or other resources can contribute to economic decline, political instability and domestic conflict.
This conference will examine such issues as the macroeconomic challenges facing hydrocarbon and mineral producers; how to translate natural resource wealth into human development; the role of natural resource wealth in exacerbating civil conflicts; and the environmental and social impact of mineral extraction.
Prominent participants will include:
- Mr. Sukhbaatar Batbold, Prime Minister of Mongolia
- Ms. Helen Clark, Administrator of the United Nations Development Programme
- Representatives from the mining industry, governments, NGOs from around the world
For more information for the press conference, please contact:
In Mongolia: Jargalsaikhan.email@example.com cell: 976-99135393
Cherie.firstname.lastname@example.org cell: 6681911564