The Natural Resources area is committed to an approach to natural resource governance that leverages scientific and technological progress and democratic institutions to promote an innovative, sustainable, equitable development agenda.
Natural resource-based activities can function as a platform for technological innovation and can help generate exports of knowledge-intensive activities, which are indispensable to promoting and sustaining development. These objectives require clear medium- and long-term strategies that are led by the public sector in coordination with private stakeholders.
Without appropriate regulations, the exploitation of natural resources depletes the environment, affects the living conditions of vulnerable populations, and jeopardizes the well-being of future generations. Policies should promote environmentally friendly technologies and democratic mechanisms for environmental conflict resolution. Advances in data science should contribute to the comprehensive measurement and assessment of natural resources in order to improve the planning and regulation of resource use.
The profits generated by natural resource-based activities should be allocated fairly and promote social objectives. To this end, tax and regulatory policies should be designed to favor equitable income distribution, create jobs, promote neglected regions, and coordinate between the different levels of government (national, provincial, and municipal).