sharing in governance of extractive industries
27 May 2011— In today's communique from the summit in Deauville, the G8 endorsed mandatory requirements for extractive companies to disclose payments to governments for the first time. The G8 includes Canada, France, Germany, Great Britain, Italy, Japan, Russia and the United States.
“The G8 wants oil, gas and mining companies to report the payments they make to each and every government,” said Vanessa Herringshaw, director of RWI’s London office. “That is real progress toward…Continue
The UK government has just announced its support for new European rules to be developed that would require extractive companies to publish their payments in every country of operation.
This is a crucial new development in the campaign for information needed to hold governments and companies to account for the revenues generated by extractives.
This UK announcement marks huge progress because London is a vital stock market for extractive companies - more than a…Continue
I wanted to draw everyone's attention to fact that Revenue Watch has recently launched a new capacity building program to strengthen media coverage on extractives in Africa. And to support this, we are hiring a full time program officer to be based in Accra.…Continue