sharing in governance of extractive industries
The EITI Board gathered to assess country progress, discuss the EITI’s role in addressing corruption and deepen cross-organisational collaboration.
Less than a week after the 2019 Nobel Peace Prize was awarded to Ethiopian Prime Minister Abiy Ahmed Ali, Addis Ababa was a fitting backdrop for the 45th EITI Board meeting, hosted by the Government of Ethiopia. With the…
ContinueAdded by EITI on October 23, 2019 at 14:00 — No Comments
Authored by Sam Bartlett
On the eve of the 45th EITI Board meeting in Addis Ababa, the EITI International Secretariat and the Office of the Auditor General of Norway hosted a workshop on strengthening collaboration with Supreme Audit Institutions (SAIs). The workshop brought together EITI and SAI representatives from Ethiopia, Ghana, Malawi, Mozambique, South Africa, Sierra Leone,…
ContinueAdded by EITI on October 18, 2019 at 15:38 — No Comments
State-owned petroleum company Qatar Petroleum will join the EITI as a supporting company, announced EITI’s Corporate Engagement Manager Andrew Irvine today, in a discussion on the EITI’s outreach plans at the organisation’s Addis Ababa Board meeting.
“It is encouraging to see a large and influential state-owned company like Qatar Petroleum join the EITI’s group of supporting companies,” said Mark Robinson,…
ContinueAdded by EITI on October 17, 2019 at 11:33 — No Comments
The Democratic Republic of Congo has made meaningful progress in implementing the EITI. Despite the country’s positive direction of travel in strengthening transparency, major challenges in accountability and governance remain.
The EITI Board decided today at its meeting in Addis Ababa, Ethiopia, that the Democratic Republic of Congo has made meaningful progress in implementing the …
ContinueAdded by EITI on October 16, 2019 at 16:57 — No Comments
Iraq has made meaningful progress in implementing the EITI with significant improvements in transparency of state-owned enterprises, oilfield data and petrodollar allocations. Opportunities exist to translate this emerging transparency into evidence-based debate and policy making.
The EITI Board decided today that Iraq has made meaningful progress in implementing the EITI Standard. Validation, the…
ContinueAdded by EITI on October 16, 2019 at 16:56 — No Comments
EITI Board concludes that Myanmar has made meaningful progress in EITI implementation, whilst urging government to strengthen public disclosures and further improve the environment for civil society participation.
Myanmar has achieved meaningful progress in implementing the EITI Standard, the EITI Board concluded today at its meeting in Addis Ababa, Ethiopia.
In taking this decision, the Board commended…
ContinueAdded by EITI on October 16, 2019 at 16:54 — No Comments
Authored by Alex Gordy
What can be learned from three years of Validation results – and how to interrogate the data
EITI Validation results are a rich source of information about the transparency of the extractive sector in EITI implementing countries. Over 80% of EITI countries have completed their first Validation since the process was introduced in 2016, producing a…
ContinueAdded by EITI on October 9, 2019 at 13:19 — No Comments
Government reaffirms its commitment to natural resource transparency
The Ecuadorian government officially announced last week its intention to become an EITI implementing country. “In deciding to adhere to the EITI, the Government of Ecuador seeks to guarantee transparency and efficiency in the management of the country's natural…
ContinueAdded by EITI on September 13, 2019 at 11:00 — No Comments
Authored by Indra Thévoz, EITI Policy and Country Officer
The EITI and its stakeholders commit to intensify efforts towards gender equality and diversity in natural resource governance
While the benefits of extractive industry projects are primarily enjoyed by men, women and girls bear a disproportionate share of the negative social, economic and environmental impacts. That is why provisions to enhance women’s…
Added by EITI on August 29, 2019 at 11:00 — No Comments
Over the last few years, there’s been significant progress towards making beneficial ownership transparency (BOT) a global norm, with 18 countries making beneficial ownership-related commitments in their Open Government Partnership (OGP) National Actions Plans. This growing momentum is encouraging given the potential for implementation efforts to achieve significant policy impact, and to contribute towards a global drive to abate corruption…
ContinueAdded by EITI on August 2, 2019 at 15:00 — No Comments
2019 EITI Global Conference reinforces progress, actions and commitments to extractives transparency.
The EITI Global Conference is the extractive industries’ premier forum for bringing together representatives from governments, companies, civil society and other stakeholders to tackle the governance challenges facing resource-rich states.
The 2019 Global Conference marked a critical juncture in the EITI’s evolution, with the adoption of…
ContinueAdded by EITI on July 25, 2019 at 15:00 — No Comments
Eddie Rich is moving on as Deputy Head of the EITI International Secretariat after 12 years with the organisation. Eddie has been appointed as CEO for the International Hydropower Association, a non-profit membership organisation committed to advancing sustainable…
ContinueAdded by EITI on July 23, 2019 at 15:00 — No Comments
Authored by Ines Marques, EITI Policy Director
With more than USD 2.5 trillion of revenues disclosed to date, the time is right for the EITI to reflect on its contributions and potential future role in the fight against corruption in the oil, gas and mining sector.
The question about what tangible impact transparency has on anti-corruption efforts has been debated over and over, with numerous studies pointing to different results. The issue is further…
ContinueAdded by EITI on July 22, 2019 at 15:00 — No Comments
Authored by Catherine Greene and Ines Schjolberg Marques
EITI stakeholders and supporters met at the 2019 Global conference to share best practice and early benefits in implementing the one of the world’s first public beneficial ownership transparency requirement.
When doing business, interested parties want to know who they are dealing with. Historically, ownership of unlisted extractive companies has been opaque, leaving governments and companies…
ContinueAdded by EITI on July 17, 2019 at 16:57 — No Comments
Authored by Alex Gordy
The EITI’s 8th Global Conference catalyses next steps in SOE transparency.
In many resource-rich countries, the state is directly involved in the extractive sector through its own state-owned enterprises (SOEs). The sale of a state’s natural resources is often a significant revenue stream for national budgets and development priorities. To date, 40 EITI countries have reported revenues from state-owned oil, gas and mining…
ContinueAdded by EITI on July 15, 2019 at 10:09 — No Comments
Authored by Marie Gay Alessandra Ordenes, Asia Director, EITI International Secretariat
The EITI government network on contract transparency was launched at the EITI Global Conference in Paris.
Governments from Armenia, Cameroon, Chad, Democratic Republic of Congo, Ghana, Guinea, Indonesia, Malawi, Mexico, Mongolia, Mozambique, Nigeria, Philippines, Senegal, São Tomé and Príncipe and Zambia have joined the network. This coincided with the EITI…
ContinueAdded by EITI on June 19, 2019 at 16:00 — No Comments
At the opening of the 8th EITI Global Conference in Paris, outgoing EITI Chair Fredrik Reinfeldt formally launched the 2019 EITI Standard:
ContinueThis is one of the most significant achievements of the outgoing EITI Board. It has involved a…
Added by EITI on June 18, 2019 at 16:00 — No Comments
The EITI's outgoing Chair, Fredrik Reinfeldt, launched the 2019 Progress Report today, 18 June, at the opening session of the EITI Global Conference in Paris. Commenting on the achievements of the EIIT in the past year, and during his term as Chair, he highlighted the revisions made to the EITI Standard as an important milestone:
Continue"The EITI Standard continues to evolve, shaped…
Added by EITI on June 18, 2019 at 15:30 — No Comments
Reflecting on EITI’s potential and actual contribution to the global anti-corruption agenda.
There is a global consensus that in many countries, extractives sector corruption can deprive the population of resources needed to reduce poverty. Resource-rich countries are increasingly taking measures to tackle corruption and resulting illicit financial flows head on through national strategies and global initiatives. The EITI has the potential to help reduce corruption by…
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The EITI Chair's Awards recognise countries that have shown leadership, determination and resourcefulness in implementing the EITI.
Chair of the EITI, Fredrik Reinfeldt, announced the winners of the 2019 EITI Chair's Award at the opening session of the EITI Global Conference in Paris on 18 June.
The three winners in 2019 were:
Armenia
Continue"A newcomer to the EITI that has begun with innovation and high pace. By fostering…
Added by EITI on June 18, 2019 at 15:30 — No Comments
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