Extractive Industries

The World Bank helps developing countries manage their natural resource wealth responsibly and sustainably, in a way that contributes to sustainable growth and development, protects communities and reduces carbon emissions.

Highlights

Event

PDAC 2024

Our team attended the 92nd annual Prospectors & Developers Association of Canada (PDAC), the world's premier mineral exploration and mining convention, held in Toronto from March 3 to 6, 2024.
CONFERENCE

Mining Indaba 2024

The World Bank, IFC, & MIGA will join African mining ministers, CEOs, development partners, & organizations to help boost public-private cooperation in the mining sector.
Just Transition for All

SUPPORTING COUNTRIES TRANSITIONING AWAY FROM COAL

The World Bank continues to work with countries to ensure a just transition away from coal that benefits people and planet.

Extractive Industries At-A-Glance

About 3.5 billion people live in countries rich in oil, gas, or minerals. But, all too often, these resources have become a source of conflict rather than opportunity. Many of these countries also suffer from poverty, corruption, and conflict stemming from weak governance.

Overview

Global Gas Flaring Data

The only global and independent indicator of routine gas flaring, the World Bank’s Global Gas Flaring Tracker takes data directly from a satellite launched in 2012 and is monitored by the U.S. National Oceanic and Atmospheric Administration (NOAA).

Data

Multimedia

Maximizing the Benefits of Oil, Gas and Mining for Developing Countries

Minerals, metals, natural gas and oil have the potential to drive economic growth and contribute to poverty reduction. However, resource-rich developing countries face a range of challenges such as corruption, a complexity of reforms, economic dependence, adverse social and environmental impacts and gender inequality.

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Focus Areas

EGPS

Extractives Global Programmatic Support (EGPS) helps developing nations in the governance of their oil, gas and mineral ...
Gas Flaring Reduction

The World Bank’s Global Gas Flaring Reduction Partnership (GGFR) works to end routine gas flaring at oil production sites ...