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Extractive industries: imperatives, opportunities, and dilemmas in the net-zero transition

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  • Tony Addison
  • Alan R. Roe

Abstract

The extractives industries are highly controversial but remain vitally important in much of the developing world. This paper considers their role in reducing energy poverty and discusses scenarios for the future of the global markets for oil, gas, and metals (emphasizing the increasing importance of Asia). It then provides a snapshot of the increasing dependence of many developing countries on the extractives sector and uses that analysis to provide a perspective on the new opportunities arising from the global net-zero transition.

Suggested Citation

  • Tony Addison & Alan R. Roe, 2024. "Extractive industries: imperatives, opportunities, and dilemmas in the net-zero transition," WIDER Working Paper Series wp-2024-26, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2024-26
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2024-26-extractive-industries-net-zero-transition.pdf
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    References listed on IDEAS

    as
    1. Economy, Elizabeth & Levi, Michael, 2014. "By All Means Necessary: How China's Resource Quest is Changing the World," OUP Catalogue, Oxford University Press, number 9780199921782, Decembrie.
    2. Tony Addison, 2018. "Climate change and the extractives sector," WIDER Working Paper Series wp-2018-84, World Institute for Development Economic Research (UNU-WIDER).
    3. Willi Haas & Fridolin Krausmann & Dominik Wiedenhofer & Markus Heinz, 2015. "How Circular is the Global Economy?: An Assessment of Material Flows, Waste Production, and Recycling in the European Union and the World in 2005," Journal of Industrial Ecology, Yale University, vol. 19(5), pages 765-777, October.
    4. World Bank, 2018. "Poverty and Shared Prosperity 2018 [Rapport 2018 sur la pauvreté et la prospérité partagée]," World Bank Publications - Books, The World Bank Group, number 30418, April.
    5. Benjamin Jones, 2020. "The electric vehicle revolution: Economic and policy implications for natural resource exporters in developing countries," WIDER Working Paper Series wp-2020-158, World Institute for Development Economic Research (UNU-WIDER).
    6. Davide Castelvecchi, 2021. "Electric cars and batteries: how will the world produce enough?," Nature, Nature, vol. 596(7872), pages 336-339, August.
    7. Wenar, Leif, 2016. "Blood Oil: Tyrants, Violence, and the Rules That Run the World," OUP Catalogue, Oxford University Press, number 9780190262921, Decembrie.
    8. Tao Zhang, 2018. "Global economic challenges and opportunities," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 53(1), pages 3-9, January.
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    Cited by:

    1. Hwang, Young Kyu & Díez, Ángeles Sánchez & Inglesi-Lotz, Roula, 2024. "The effects of critical mineral endowments on green economic growth in Latin America," Resources Policy, Elsevier, vol. 98(C).

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