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International Finance Corporation World Bank

2002, International Petroleum Industry Environmental Conservation Association (IPIECA), International Association of Oil and Gas Producers (OGP)

For some, the very notion of oil and gas development within the context of sustainability is a contradiction. For others, the idea provides an opportunity for dialogue, consensus and creativity.

This is consistent with one of the most important lessons our industry has learned in the past decade. Ways of thinking that have spawned modern technology do not necessarily provide all the answers to contemporary problems. However, that technology can be a powerful instrument for good when used with care.

That is what this report is about. It shows how, working within local cultures, the oil and gas industry is helping to produce more affordable, accessible and increasingly cleaner energy than ever before. This energy—currently 63 per cent of the world’s primary needs—is a source of heat, light, mobility and communications for billions of people around the world. 

Moreover, we are striving to produce vital oil and gas in ways that are responsible and ethical, within acceptable limits of environmental impact. This document is an expanded version of the oil and gas industry sector report published by the United Nations Environment Programme (UNEP) for the World Summit on Sustainable Development in Johannesburg. Free of the constrictions of space and conformity dictated by a multi-sector report, it has been designed to be easy to read, with more illustrations and graphics.The text is identical to that published by UNEP, which was subject to their stakeholder consultation process. The industry thanks all those stakeholders who read and commented on the report.