Against the backdrop of fiscal transition concomitant to energy transition policies with climate change commitments, revenue from the extractive sector needs a recalibration in the subnational fiscal space. Extractive tax is the payment due to the government in exchange for the right to extract...

The dynamics of natural resources revenue – the payment due to the sovereign owner (government) in exchange for the right to extract the mineral substance – is complex, how it is fixed and paid. It is controversial and significant, as it is a revenue that is unique to the resources sector...