NATIONAL AND SUB-NATIONAL MANAGEMENT OF SUBSOIL REVENUES. TRANSPARENCY AND POLICY APPROACHES

In cooperation with the Columbia Center on Sustainable Investment.

October 11, 2018  | Aloft Kyiv, 17 Esplanadna Street, Kyiv

OVERVIEW

For the countries with considerable mining and O&G upstream sectors, proper elaboration of a simple and transparent tax and rent collection and distribution framework may result in significant benefits, while flaws open doors for violations and misconducts. As Ukraine aspires to reform its mining sector pursuing energy independence and tackling established corruption schemes, ensuring transparent and understandible redistribution of subsoil use revenues underpins increase of production and social benefits. Management and distribution of such revenues differ significantly for the national level and within local communities of resource rich regions. Thus, the worshop's scope focuses on the specific policy designs, fiscal tools and safeguards for securing transparency and accountability of all parties.

Come to the Day 4 of the Energy Transparency Week to find answers to the following hot questions:

• What characteristics of resource revenues are important for the national long-term development plans?
• How subsoil revenue management approaches are different on the national and sub-national levels?
• How to ensure sustainability of upstream industries through applicable fiscal tools?
• Why transparency and accountability are crucial for subsoil revenues management schemes?
• Which good practices of sub-national redistribution systems exist that could be applicable for Ukraine?

AGENDA

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