Book contents
- Local Content and Sustainable Development in Global Energy Markets
- Reviews
- Treaty Implementation for Sustainable Development
- Local Content and Sustainable Development in Global Energy Markets
- Copyright page
- Contents
- Preface and Acknowledgements
- Abbreviations
- Editor
- Contributors
- Part I Introductory Context and Principles
- Part II Case Studies
- 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
- 20 Local Content Requirements and Social Inclusion in Global Energy Markets: Towards Business and Human Rights Content
- 21 Advancing Sustainable Development in Local Content Initiatives: Summary for Policy Makers
- Index
21 - Advancing Sustainable Development in Local Content Initiatives: Summary for Policy Makers
from Part III - Lessons Learned and Future Directions
Published online by Cambridge University Press: 05 March 2021
- Local Content and Sustainable Development in Global Energy Markets
- Reviews
- Treaty Implementation for Sustainable Development
- Local Content and Sustainable Development in Global Energy Markets
- Copyright page
- Contents
- Preface and Acknowledgements
- Abbreviations
- Editor
- Contributors
- Part I Introductory Context and Principles
- Part II Case Studies
- 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
- 20 Local Content Requirements and Social Inclusion in Global Energy Markets: Towards Business and Human Rights Content
- 21 Advancing Sustainable Development in Local Content Initiatives: Summary for Policy Makers
- Index
Summary
This book set out to examine the values, assumptions and guiding principles that underpin the growing adoption of LCRs in global energy markets, as well as how questions of social exclusion, gender injustice, corruption, lack of transparency and inadequate stakeholder engagement in LCR formulation and implementation have been, and could be better, addressed. This final chapter reviews salient themes discussed and highlights directions for future action and research.
There are few regulatory measures and instruments that have divided opinion in global energy markets in the twenty-first century more than LCRs. Existing studies in the field have satisfactorily compiled the meaning, nature and scope of LCRs as a revolutionary and innovative regulatory measure that could unlock the competitiveness of the local economy, while allowing a country to strengthen its national industry and achieve other social benefits.
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- Publisher: Cambridge University PressPrint publication year: 2021