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EITI's Blog (143)

EITI and PWYP: What’s next after 15 years of successful collaboration?

Authored by Mark Robinson

The EITI was created to fix a failure of governance in the oil, gas and mining sector and is guided by the belief that a country’s natural resources belong to its citizens. The organisation was born out of a dynamic coalition of committed activists, progressive companies and brave governments who convened to seek consensus on how the sector could be better managed. At the time of its inception, it was a radical idea that civil society…

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Added by EITI on February 18, 2019 at 12:30 — No Comments

Ushering in a new era of transparency in Armenia

After two years of rapid progress by the Armenia EITI Multi-Stakeholder Group (MSG) and national secretariat, the country’s inaugural EITI Report was launched in Yerevan on 30 January.…

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Added by EITI on February 8, 2019 at 12:30 — No Comments

How Indonesia is paving the way for more open disclosure of extractive industries data

Authored by Victor Ponsford

Indonesia, the world’s fourth most populous country, abounds in natural resources. In 2016, its oil, gas and mining activities contributed 7% of total government revenues. Access to the internet is becoming more widespread across the 17,000 island archipelago nation, providing a cost-efficient way to make…

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Added by EITI on February 7, 2019 at 12:30 — No Comments

Zambia hones in on fiscal sweet spot for mining

Authored by Victor Ponsford and Ian Mwiinga

Government takes bold step of requesting financial models from companies

Zambia, Africa’s second-largest producer of copper, is highly dependent on mining as its major productive industry. Mining contributes to 68% of the country’s foreign exchange earnings and…

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Added by EITI on January 31, 2019 at 12:30 — No Comments

Former New Zealand Prime Minister and UNDP Head Helen Clark Confirmed as EITI Chair Nominee

The Extractive Industries Transparency Initiative’s (EITI) Board today announced that former Prime Minister of New Zealand Helen Clark is confirmed as the nominee to chair the EITI.

The former Prime Minister will assume her position following the EITI’s Members’ Meeting [1], to be held on 17 June in Paris. Helen Clark will be replacing…

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Added by EITI on January 30, 2019 at 12:00 — No Comments

Government of France to host EITI Global Conference in Paris in June

Conference set to draw 1,000 collective governance supporters and practitioners in a time of rising polarisation.

The Government of France and the EITI today confirmed that the 2019 EITI Global Conference will take place on 18-19 June at the OECD Conference Centre in Paris. The Conference will provide an opportunity for heads of state, civil society activists and industry leaders to discuss emerging trends and best practices in the good governance of natural…

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Added by EITI on January 30, 2019 at 12:00 — No Comments

Natural resource governance: ever more transparency despite headwinds

Written by Marianne Stigset

The good governance of natural resources has undergone an openness revolution since the EITI was established over a decade ago. The information being disclosed along the extractive industry value chain is becoming increasingly timely, accurate and granular, yet challenges remain in the form of shrinking civic space, corruption and under-used data. This was the conclusion of the roundtable discussion on Emerging Trends and…

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Added by EITI on January 15, 2019 at 14:30 — No Comments

A 2018 end-of-year message from EITI chair Fredrik Reinfeldt

Written by Fredrik Reinfeldt

2018 was an eventful year for the EITI. Over USD 150 billion in extractives revenues was disclosed by the EITI countries in total, and over half of EITI’s 51 implementing countries were assessed against the Standard, of which Colombia, Mongolia, Senegal and Timor-Leste reached the highest level of progress. Efforts to tackle hidden ownership, corruption and mismanagement in the extractives advanced, as EITI countries raced ahead, with new…

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Added by EITI on December 21, 2018 at 11:30 — No Comments

It is time for Indonesia to take the plunge on contract transparency

Written by Victor Ponsford

Indonesia’s natural resource history stretches back to its fabled spice islands. Moving forward several centuries to the 1960s, the nation introduced an innovative contract, now typical in the oil and gas sector, called a production sharing agreement (PSA). This type of agreement is currently used in many oil- and gas-rich countries, as a way for governments to obtain a share of the oil and gas produced.

Today Indonesia has…

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Added by EITI on December 19, 2018 at 12:00 — No Comments

What the extractives sector can teach renewables on curbing corruption

Written by Dr. Gokce Mete and Joanne Jones

Renewable energy policy has more to learn from extractives sector governance than you might think. Here are four lessons the extractives sector can share to improve the chances of a successful energy transition – the switch from a fossil-based energy system to a more sustainable infrastructure, fuelled by clean energy sources.

As…

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Added by EITI on December 19, 2018 at 11:30 — No Comments

Invitation to comment on the EITI's data work

The International Secretariat invites stakeholders to provide comments on its open data efforts by 7 January 2019. The International Secretariat is working towards proposing a revised open data policy and …

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Added by EITI on December 12, 2018 at 12:37 — 1 Comment

Contract transparency builds trust and mitigates risk says Kosmos

Written by Sophie Durham

Kosmos Energy has been a leader on contract transparency for many years. Since publishing their first set of contracts for Ghana in 2011, the company has established a policy that they “prefer to make the material terms of [their] Petroleum Agreements (PAs) and Production Sharing Contracts (PSCs) publicly available”. They have filed all of their PAs and PSCs with the United States Securities Exchange Commission and published links to all…

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Added by EITI on December 11, 2018 at 12:00 — No Comments

Enhancing transparency in oil, gas and mining state-owned enterprises

Written by Ines Schjolberg Marques

How EITI is scaling up its collaboration with leading state-owned enterprises (SOEs) to champion transparency in the extractive industries.

There’s a myth that international oil and mining companies are the main players in the extractive sector today. In fact, state-owned enterprises dwarf the…

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Added by EITI on November 20, 2018 at 12:00 — No Comments

Twenty-four EITI African countries deepen their commitments to practical steps on beneficial ownership disclosure

Key conference facts

2.5 days

250+ participants

30+ countries 

40+ organisations

60+ experts

10 technical sessions

The Opening up Ownership Africa conference was the largest gathering of beneficial ownership transparency practitioners yet. 

Conference co-host and keynote speaker, President…

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Added by EITI on November 7, 2018 at 8:31 — No Comments

EITI Board recognises Papua New Guinea’s achievements in improving natural resource governance

Papua New Guinea achieves meaningful progress in EITI implementation, but further institutional reforms are necessary.

At its meeting in Dakar on 30 October 2018, the EITI Board decided that Papua New Guinea (PNG) has made meaningful progress in implementing the EITI Standard. The Board recognised PNG’s efforts in implementing reforms to address weaknesses in government systems and in improving the level of transparency on state participation in the country’s extractive…

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Added by EITI on November 7, 2018 at 8:29 — No Comments

EITI Board recognises Papua New Guinea’s achievements in improving natural resource governance

Papua New Guinea achieves meaningful progress in EITI implementation, but further institutional reforms are necessary.

At its meeting in Dakar on 30 October 2018, the EITI Board decided that Papua New Guinea (PNG) has made meaningful progress in implementing the EITI Standard. The Board recognised PNG’s efforts in implementing reforms to address weaknesses in government systems and in improving the level of transparency on state participation in the country’s extractive…

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Added by EITI on November 7, 2018 at 8:29 — No Comments

EITI week in Dakar: Highlights of the Board meeting

The EITI Board members and around 100 stakeholders gathered in Dakar for the 41stEITI Board meeting, ahead of 250 participants attending the three-day Opening Up Ownership: Africa conference on beneficial ownership, co-hosted by the EITI and the Government of Senegal.

Senegal – new resource-rich country on the block 

“In Senegal,…

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Added by EITI on November 7, 2018 at 8:27 — No Comments

EITI Board Appoints Mark Robinson as new Executive Director

OSLO, Oct. 15, 2018 – The Extractive Industries Transparency Initiative’s (EITI) Board today announced that Mark Robinson has been named executive director of the EITI. Currently the global director of the World Resources Institute’s (WRI) Governance Center, he will assume his position at the end of November 2018.

“Mark Robinson is a widely respected figure in the international development community, spanning the worlds of policy-making, research and philanthropy,” said Chair of the…

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Added by EITI on October 16, 2018 at 9:44 — No Comments

'We’re seeing enormous changes in the contract transparency landscape'

Rob works as a governance officer for NRGI, where he leads organisational advocacy and research on contract transparency and manages the use of the Natural Resource Charter as a tool to structure analysis and dialogue. He is a co-author of the Natural Resource Charter Benchmarking Framework.



We spoke with Rob on the sidelines of the EITI’s gathering of key partner organisations, dedicated to discussing priorities for strengthening extractive industry governance,…

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Added by EITI on October 10, 2018 at 16:00 — No Comments

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