News Article – Our Shared Inheritance of Natural Resources

Release Date: March 11, 2024

The document discusses the ethical and practical considerations of natural resource extraction, emphasizing the need for fair treatment of all stakeholders, including local communities, governments, and future generations. It advocates for a shared inheritance approach, where extraction is seen as converting mineral wealth into other forms of wealth, ensuring intergenerational equity and sustainability. The article calls for zero loss in value during this conversion, investment of proceeds for future generations, and protection of environmental and community interests through strong regulations and principles like the Precautionary Principle and Polluter Pays Principle. It also highlights the importance of transparency and proper management to prevent theft and corruption, ensuring that future generations inherit at least as much as the current one.

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