| dc.description.abstract | Although Uganda has significant natural resource endowments, most
communities living in proximity to these resources continue to suffer serious
levels of poverty. This situation sets a bad precedent for the developing oil
and gas sector. As a result, the Uganda Wildlife Society, with generous support
from Irish AID through the World Resources Institute carried out this study to find
practical ways local communities, local governments and the central government
may fairly and equitably share revenue from oil and gas resources.
The overall aim of the study was therefore to propose a revenue sharing formula
and derivation fund for the oil and gas sector in Uganda. The specific objectives of
the study were to: (i) define the concept of revenue sharing and derivation funds, its
rationale and key features; (ii) review oil extraction models and oil revenue control;
(iii) review existing institutional, policy and legal frameworks that have implications
for the establishment of derivation funds and oil revenue sharing schemes; (iv)
document relevant international experiences; (v) present the challenges, key
measures and approaches to establishing a successful revenue sharing scheme and
derivation fund for Uganda. | en_US |
