Guest Post: Oversight of Beneficial Owners Can Strengthen Integrity in the Transition to Renewable Energy

Today’s guest post is from Alanna Markle, a Policy and Research Associate at Open Ownership, and Erica Westenberg, the Governance Programs Director at the Natural Resource Governance Institute.

The transition to cleaner, renewable energy sources is crucial to the health of the planet. Yet the renewables sector is likely to face political, social, and governance challenges—including risks of corruption and conflict of interest—similar to those that have been observed in extractive industries and other sectors. One of the tools that anticorruption advocates have emphasized as crucial across sectors—transparency regarding the true beneficial owners of private companies—may be highly important in addressing corruption and conflict of interest risks in the sustainable energy transition for several reasons: Continue reading