Resources Futures: Critical Interventions for Resource Security and Governance
André Hoffmann, President, Fondation Hoffmann
Bernice Lee, Research Director, Energy, Environment and Resources, Chatham House
Andrew Mitchell, Prosperity Director, Foreign and Commonwealth Office
Jeremy Oppenheim, Director, McKinsey
Nick Robins, Head, Climate Change Centre of Excellence, HSBC
Dan Smith, Secretary General, International Alert
Dominic Waughray, Senior Director, Head of Environmental Initiatives, World Economic Forum
The Chatham House report, Resources Futures focuses on the new political economy of resources. Drawing on analysis of 12 million data points from over 200 countries and 1,200 types of natural resources, it examines the latest global trends in the production, trade and consumption of key raw materials or intermediate products – from crops, fuels, fisheries, forest products, metals to fertilizers. The outlook for resources could be one of supply disruptions, volatile prices, accelerated environmental degradation and rising political tensions over access if current trends are left unheeded.
At this event, the lead author, Bernice Lee, will present the key findings from the report, and lessons learned since its publication. A panel discussion will follow, focusing on critical interventions that could help reinvigorate rule-based resource governance, deliver investments in sustainable production and reduce vulnerability to short-term shocks. The Resources Futures report proposes, for example, the need to establish new informal dialogues involving a group of systemically significant producer and consumer countries ('Resource 30' or R30); as well as stronger mechanisms to coordinate responses to supply disruptions.