Basel report on “Corruption and Governance risks threaten a just energy transition” outlines actions to tackle corruption and governance risks, and enhance transparency and accountability

The paper reveals that significant risks exist around a lack of transparency in the beneficial ownership of partners, contractors and suppliers, Opaque and irregular procedures for obtaining licences, contracts and land concessions, Inadequate community consultation, plus fraud and misappropriation of benefit funds, Misuse of subsidies and unethical tax practices…