As Pope Francis once said, corruption is “like bad breath: it’s hard for the one who has it to realize it; others realize it and have to tell him.”
Corruption robs people in the developing world of billions of dollars every year. The oil, gas, and mining sector is particularly vulnerable to corruption. Oil and mining projects can generate hundreds of millions of dollars, but in too many countries, this money flows through weak institutions, whose inner workings are completely hidden from the public and even legislators. These environments are a breeding ground for corruption around oil and mineral development, robbing local communities of resources to fund essential services like health, education and sanitation.
Learn more about the causes and consequences of corruption in extractive industries.