The second dialogue on Natural Resource Management has taken place at the University of Liberia’s (UL) Kofi Annan Institute for Conflict Transformation (KAICT), in collaboration with the Natural Resource Research Initiative (NRRI). Its objective was to explore opportunities for improved management of Liberia’s natural resources.
The theme of this year’s dialogue was, “Well-managed Natural Resources-A Brighter Future.” The discussion was intended to revitalize the debate on issues in natural resource governance to create awareness among stakeholders and the public, according to a UL press release.
Held against the backdrop of expectations of improved living conditions largely resting on making the best use of these resources in terms of generating revenues and using these wisely, the release indicated that “Even though Liberia is considered a resource abundant country, its population ranks among the poorest in the world.”
Held in the UL auditorium on Capitol Hill, and with support from GIZ Governance Project, the event was also intended to provide an entry point for students and youths to get involved in the debate on the management of the country’s natural resources.
The NRD is a comprehensive initiative that addresses challenges aimed at improving access to information and encouraging critical reflections and debates.
Its main objective is to provide information on the challenges and opportunities of the natural resources sector for the individual and the society; to provide creative thinking about natural resources, which are at the heart of the Liberian economy.
The natural resource sector is dealing with many challenges, including insufficient data; transparency and reliability; weak legal and regulatory framework; weakness of citizens’ participation in the management of those natural resources; and the low level of information on the sector, the release stated.
The NRD dialogue brought together citizens of all ages, resource extraction companies, policymakers and national leaders.