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Local Content and Sustainable Development in Global Energy Markets (Treaty Implementation for Sustainable Development)

Local Content and Sustainable Development in Global Energy Markets (Treaty Implementation for Sustainable Development)

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Cambridge University Press, 3/4/2021
EAN 9781108495370, ISBN10: 1108495370

Hardcover, 375 pages, 22.9 x 15.2 x 2.5 cm
Language: English
Originally published in English

Local Content and Sustainable Development in Global Energy Markets analyses the topical and contentious issue of the critical intersections between local content requirements (LCRs) and the implementation of sustainable development treaties in global energy markets including Africa, Asia, Europe, North America, Latin America, South America, Australasia and the Middle East While LCRs generally aim to boost domestic value creation and economic growth, inappropriately designed LCRs could produce negative social, human rights and environmental outcomes, and a misalignment of a country's fiscal policies and global sustainable development goals. These unintended outcomes may ultimately serve as disincentive to foreign participation in a country's energy market. This book outlines the guiding principles of a sustainable and rights-based approach – focusing on transparency, accountability, gender justice and other human rights issues – to the design, application and implementation of LCRs in global energy markets to avoid misalignments.

Part I. Introductory Context and Principles
1. Local Content and the Sustainable Development Nexus Damilola S. Olawuyi
2. Defining the 'Local' in Local Content Requirements in the Oil and Gas Sector Chilenye Nwapi
3. Local Content Measures and the WTO Regime
Addressing Contentions and Trade-Offs Mandy Meng Fang
4. Local Content Requirements in Extractive Industries
A Human Rights Analysis Susan L. Karamanian
5. Upgrade of Local Suppliers in the Global Production Network
The Success or Otherwise of Local Content Regimes Alexander Ezenagu and Chidiebere Eze-Ajoku
Part II. Case Studies
6. Expressing Local Content through Black Economic Empowerment in the South African Petroleum Industry Hanri Mostert and Meyer van den Berg
7. Local Content Frameworks for Petroleum Industry Operations in the CEMAC Region
An Evaluation of their Functionality, Sustainability and Normative Underpinnings George K. Ndi
8. Local Content, AngolanizaçaÞo, and Sustainable Development in Angola Jesse Salah Ovadia
9. Local Content and the Sustainable Development of Oil and Gas Resources in Nigeria Damilola S. Olawuyi and Ayobami J. Olaniyan
10. Local Content Requirements and Treaty Implementation in Kenya's Petroleum Sector James O. Kirwa and Melba K. Wasunna
11. Sustainability and Local Content Requirements in Australian Oil and Gas Development
Has the Ship of Opportunity Sailed? Tina Soliman Hunter
12. Local Content for Sustainable Development in Middle East and North Africa
Current Legal Approaches and Future Directions Damilola S. Olawuyi
13. Local Content and Sustainable Development in Norway Catherin Banet
14. Local Content and Sustainable Development in Argentina Marcelo Neuman
15. The Latin American Experience in Designing Local Content Policies in the Oil and Gas Sectors
Strengths, Limitations and Future Perspectives Amir Lebdioui
16. Local Content and Sustainable Development in Brazil Eduardo G. Pereira, Rafael Baptista Baleroni, Fernanda Delgado, Jose Vicente Duncan de Miranda, Aaron Koenck, and Pedro Henrique Neves
17. Industrial Policy and Local Content Rules in US Energy Policy Zachary Sturman and Timothy Meyer
18. Oil and Gas Sector Local Content Decision Processes
Canadian Indigenous Participation Alastair R. Lucas and David K. Laidlaw
Part III. Lessons Learned and Future Directions
19. Local Content, Community Content, and Sustainable Development in the Oil and Gas Industry
Perspectives from Legislation, Policy, and Community Development Agreements Ibironke T. Odumosu-Ayanu
20. Local Content Requirements and Social Inclusion in Global Energy Markets
Towards Business and Human Rights Content Oyeniyi Abe and Ada Ordor
21. Advancing Sustainable Development in Local Content Initiatives
Summary for Policy Makers Damilola S. Olawuyi
Index.