Managing Natural Resources Sustainably

Managing Natural Resources Sustainably

Why it Matters

Managing Libya’s natural resource wealth is crucial to Libya’s future prosperity. Though the export of petroleum products has brought Libya vast economic growth, little thought has been given to the environmental impact of natural resource extraction. Libya has been given a new start, we must now work to reform national policies and regulations to ensure that our nation’s natural resource wealth is managed ethically, extracted sustainably, and distributed equally.

Managing Natural Resources Sustainably

Why it Matters

Managing Libya’s natural resource wealth is crucial to Libya’s future prosperity. Though the export of petroleum products has brought Libya vast economic growth, little thought has been given to the environmental impact of natural resource extraction. Libya has been given a new start, we must now work to reform national policies and regulations to ensure that our nation’s natural resource wealth is managed ethically, extracted sustainably, and distributed equally.

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My Plan for Libya

Greater Transparency

Our nation’s natural resources are a gift that all Libyans share. It is imperative that a legal framework is created to ensure that Libyans for generations to come enjoy the benefits of our natural resource wealth. We must support and implement a new petroleum law to create a more transparent, fair, and efficiently managed oil and gas sector that addresses revenue sharing between central and local government.

Environmental Responsibility

While national dialogue is routinely dominated by our oil and gas resources, we must take urgent measures to protect our other precious resources such as water, biodiversity, land, fisheries, nature reserves, deserts and fragile ecosystems. Here we need to develop and enforce legislation that requires environmental impact assessment for all publicly funded and privately owned infrastructure projects. Additionally, we are aware of the importance of the role assigned to government agencies to monitor the compliance of factories and companies with environmental laws and regulations. We must invest in our country’s future by taking advantage of renewable energy sources, the vast desert covering southern Libya is an ideal environment for investing in solar energy production.

Our nation’s natural resources are a gift that all Libyans share. It is imperative that a legal framework is created to ensure that Libyans for generations to come enjoy the benefits of our natural resource wealth. We must support and implement a new petroleum law to create a more transparent, fair, and efficiently managed oil and gas sector that addresses revenue sharing between central and local government.

MY RECORD THUS FAR

Support Aref’s Plan for Managing Natural Resources Sustainably

Libya’s natural resources remain vulnerable to mismanagement, unsustainable practices, and conflict. Add your name to support Aref Nayed’s plan to move Libya forward by ensuring that all citizens share the benefits of our country’s natural resources.

Vision for Libya: