These range from how to create the right environment for responsible investment, to fiscal terms, contracts, institutions and regulations, to macroeconomic management and strategies for sustainable development.
[5] In 2011 the Charter was adopted by the African Union Heads of State steering committee for the New Partnership for Africa's Development as a flagship Natural Resource Governance Programme starting in 2012.
[6][7] The Charter document was initially written by a group of leading experts on natural resource governance including Paul Collier, Michael Spence, Robert Conrad and Anthony Venables amongst other senior economists, lawyers and political scientists.
[10] The Natural Resource Charter is led by an oversight board chaired by former Mexican president Ernesto Zedillo, and joined by Abdulatif Al-Hamad, Luisa Diogo, Mo Ibrahim, and Shengman Zhang.
[10] The work of the Charter secretariat and updates to the document were guided by a Technical Advisory Group of international experts, chaired by Michael Spence.