The discovery of oil in Chad in 1969 did not yield many immediate benefits for a population that would soon be wracked by civil war, but hopes were high by the late 1990s. Chad had largely stabilized, and a new, World Bank-backed project to build a pipeline through Cameroon to the Atlantic Ocean coast was touted as a model for socially and environmentally responsible oil exploitation in developing countries.

A new report prepared by the UN Environment Program and UN peacekeeping operation in the Democratic Republic of Congo (known as MONUSCO) found that just two percent of the total value of illicit natural resources smuggled from the country comes back to armed groups. Still, these funds, which amount to around $13 million a year, allow some 25 to 49 groups to continue operating in the country’s war-torn eastern provinces. Much more, as much as 50 percent, ends up in the hands of transnational criminal networks with the remaining profits flowing to individuals or companies elsewhere in the DRC or in Uganda, Rwanda, and Burundi.

On March 30, the government of Myanmar and an umbrella group of 16 ethnic minority groups agreed to a draft agreement for a “nationwide ceasefire” to end decades of conflict in the country’s northern reaches. But even as the latest ceasefire was being made, two armed groups, the Myanmar National Democratic Alliance Army (MNDAA) and the Kachin Independence Army (KIA), were in open conflict with the Burmese military. Fighting in Kokang and Kachin has led to casualties in the triple digits and displaced an estimated 100,000 civilians.

“We don’t know the reason for the death of fish in downstream villages,” Hamberton Nongtdu, a mine owner from the northeastern Indian state of Meghalaya, told me.

A new law in Peru encouraging investment in the country’s extractive industries has reignited debate on the lack of power indigenous women have in the mostly rural societies where they often live. The International Indigenous Women’s Forum, which drew more than 60 native women from across the world to Peru last month, highlighted this important issue.

The governance challenges of natural resource extraction are enormous. What can be done to improve natural resource governance? ECC’s Stephan Wolters talked to Peter Eigen, founder of Transparency International and chair of the Extractive Industries Transparency Initiative (EITI) from 2006 to 2011.