Learn to manage extractive industries sustainably, exploring policies and practices for oil, gas, and mining that support development goals.
Learn to manage extractive industries sustainably, exploring policies and practices for oil, gas, and mining that support development goals.
This comprehensive course, developed by the Natural Resource Governance Institute, Columbia Center on Sustainable Investment, and World Bank, examines sustainable management of extractive industries. It covers crucial aspects from resource governance to environmental impact, focusing on how countries can transform natural resource wealth into sustainable development outcomes. The course addresses political economy, legal frameworks, fiscal regimes, environmental management, community rights, and economic linkages while emphasizing practical approaches to balance resource exploitation with sustainability.
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Instructors:
English
Arabic, English, Spanish, 2 more
What you'll learn
Evaluate how countries can convert natural resources into sustainable development
Analyze governance impacts on long-term economic development
Understand policies for sustainable resource management
Assess environmental and social impacts of extractive industries
Explore fiscal regime design and revenue management
Examine community rights and stakeholder engagement
Skills you'll gain
This course includes:
PreRecorded video
Graded assignments, Exams
Access on Mobile, Tablet, Desktop
Limited Access access
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There are 12 modules in this course
The course provides a thorough understanding of natural resource governance and sustainable development in the context of extractive industries. It covers essential topics including resource economics, environmental management, community engagement, and policy frameworks. The curriculum emphasizes practical approaches to balancing economic development with environmental protection and social responsibility.
Challenges and opportunities
Module 1
Political economy of natural resources
Module 2
Fundamentals of oil, gas, and mining: industry considerations and policy
Module 3
Legal overview
Module 4
Anticipating and managing environmental issues
Module 6
Community rights
Module 7
Artisanal mining
Module 8
Revenue management
Module 9
Investing in sustainable development: Economic linkages to the extractives sector
Module 10
Investing in sustainable development: Looking beyond extractives
Module 11
Cross-cutting considerations and looking ahead
Module 12
Fee Structure
Instructors

4 Courses
Global Expert in Sustainable Investment and Development Policy
Lisa Sachs serves as Director of the Columbia Center on Sustainable Investment (CCSI), where she has shaped global understanding of sustainable investment since 2008. After earning degrees from Harvard (BA in Economics) and Columbia (JD and MA in International Affairs), she built her early career at the Interfaith Center on Corporate Responsibility and Amnesty USA focusing on shareholder engagement. At CCSI, she established three core research areas: investments in extractive industries, land and agriculture, and investment law and policy. Her work spans advisory projects across multiple continents, including Mozambique, Guinea, Tanzania, Malawi, Namibia, Paraguay, and Timor-Leste. As a globally recognized expert in investment flows and sustainable development, she teaches highly acclaimed courses at Columbia Law School and School of International and Public Affairs, with her course twice ranking among SIPA's top 5. Her leadership extends to key global forums, serving as co-chair of the UN Sustainable Development Solutions Network's thematic group on Extractive and Land Resources, member of World Economic Forum Global Future Councils, and advisor to organizations including the Investor Alliance for Human Rights and SDG Academy. A James Kent Scholar and recipient of the Parker School Certificate in International and Comparative Law, she continues to influence investment policies and practices aligned with sustainable development goals and the Paris Agreement through research, teaching, and advisory work.

4 Courses
Global Expert in Natural Resource Governance and Energy Transition
Patrick Heller serves as Chief Program Officer at the Natural Resource Governance Institute (NRGI) while holding a position as Senior Visiting Fellow at UC Berkeley's Center on Law, Energy and Environment. After earning his JD from Stanford Law School and MA in International Relations from Johns Hopkins SAIS, he has dedicated over 15 years to advancing legal reform and governance initiatives in developing nations. His expertise spans the governance of state-owned oil and mining companies, extractive industry contracts analysis, and sustainable pathways for fossil fuel-producing countries. At NRGI, he oversees the global program portfolio while providing technical assistance to governments and civil society organizations worldwide. His impact extends through capacity development programs, including facilitating courses on extractive industry legal frameworks at prestigious institutions like Oxford, Columbia, and Gadjah Mada University. His recent work focuses particularly on helping state-owned enterprises and oil-dependent nations navigate the challenges of climate change and energy transition. Through collaborations with organizations including USAID, the U.S. State Department, and the Asian Development Bank, he continues to shape global understanding of natural resource governance while advancing sustainable development goals in the extractive sector.
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Frequently asked questions
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