Resource-rich developing countries (RRDC) are defined as nations that possess significant fossil fuel reserves or production and meet two criteria: first, their known fossil fuel reserves comprise at least 25% of their total wealth or their fossil fuel production accounts for a minimum of 10% of their GDP; second, they are classified by the World Bank as 'Middle income,' 'Low middle income,' or 'Low income,' meaning they have a Gross National Income (GNI) per capita below USD 12,736.

Authors

• Person: Not available Organization: Frontiers
  Energy asset stranding in resource-rich developing countries and ...

Sources

• Energy asset stranding in resource-rich developing countries and ... www.frontiersin.org Frontiers via serper

Referenced by nodes (2)

• resource-rich developing countries concept
• World Bank Group entity