Time and Compromise in UNCITRALโs Working Group III
During the week of 22 September 2025, States once again met in Vienna under Working Group III (WGIII)...
Transparent permitting processes and flexible review mechanisms support effective long-term investment implementation.
To facilitate the effective implementation of an investment project, a government also needs to ensure that applications for permits and licenses are promptly reviewed and accepted/rejected on the basis of objective and transparent criteria and that all administrative decisions and regulatory actions are subject to transparent review procedures.
Given the long terms of many investment projects, flexible review mechanisms also need to be in place to address changes of circumstance that may require the terms of an investment contract to be revised or updated.
This publication compiles findings of the first step of the World Bank’s Decommissioning of Oil Fields and Mines Initiative. It presents the key trends and challenges faced by both the mining and oil and gas industries in decommissioning operations, and organizes these findings around practical, effective in-country approaches to addressing decommissioning and closure needs.
The EPEC Guide to Public-Private Partnerships is published by the European PPP Expertise Centre (EPEC), a Division of the European Investment Bank (EIB). It provides a high-level framework to guide the public-private partnership (PPP) process.
This report points out accountability issues when fossil fuel assets are sold. CCSI warns that without proper governance, such asset sales may conceal future climate liabilities. Negotiators may be aided by this justification for demanding full emissions disclosure and buyer liability provisions in asset transfer contracts. Recommendations from the report include enhanced transparency and disclosure practices.
This series addresses political economy realities behind extractive governance, covering issues such as free, prior, and informed consent, transparency, and environmental impact assessments. The authors argue that ignoring political context leaves reforms ineffective. Practical strategies for embedding political considerations into governance are suggested. For negotiators, these insights can help anticipate domestic political constraints that could affect the enforceability of contract terms.
Issue 1: “Free, prior, and informed consent: Getting political to improve impact,” (2020).
Issue 2: “Transparency and extractive industries: Getting serious about politics to get serious about impact,” (2020).
Issue 3: “Tackling the EIA Impact Gap: Addressing Political Economy Realities to Bring Actual Practice Closer to Best Practice,” (2022).
This CCSI piece explores how reform-minded leaders can overcome barriers to improve extractive sector governance. It emphasizes coalition-building, timing, and informed strategies to enable institutional change. Lessons are drawn from comparative case studies.