GOXI

sharing in governance of extractive industries

EITI's Blog (177)

Who owns what? Putting a face to the name

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…

Continue

Added by EITI on July 17, 2019 at 16:57 — No Comments

Trading up: A business case for SOE transparency

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…

Continue

Added by EITI on July 15, 2019 at 10:09 — No Comments

EITI countries lead the way in making contract transparency a global norm

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…

Continue

Added by EITI on June 19, 2019 at 16:00 — No Comments

EITI launches 2019 EITI Standard

At the opening of the 8th EITI Global Conference in Paris, outgoing EITI Chair Fredrik Reinfeldt formally launched the 2019 EITI Standard:

This is one of the most significant achievements of the outgoing EITI Board. It has involved a…

Continue

Added by EITI on June 18, 2019 at 16:00 — No Comments

Launch of the 2019 EITI Progress Report

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:

"The EITI Standard continues to evolve, shaped…

Continue

Added by EITI on June 18, 2019 at 15:30 — No Comments

What’s the role of the EITI in fighting corruption?

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…

Continue

Added by EITI on June 18, 2019 at 15:30 — No Comments

Winners of the 2019 EITI Chair Awards announced

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

"A newcomer to the EITI that has begun with innovation and high pace. By fostering…

Continue

Added by EITI on June 18, 2019 at 15:30 — No Comments

Helen Clark appointed EITI Board Chair

The Extractive Industries Transparency Initiative (EITI) Members’ Meeting today confirmed the appointment of Rt Hon. Helen Clark as the Chair of the EITI. The EITI Board for 2019-2021 was also elected (list here).

Helen Clark is a widely respected global leader on sustainable development and international cooperation. She served three successive terms as Prime Minister of New Zealand between 1999 and 2008. While in…

Continue

Added by EITI on June 17, 2019 at 15:30 — No Comments

EITI welcomes KAZ Minerals PLC as a supporting company

At the 2019 EITI Global Conference in Paris, the EITI welcomed KAZ Minerals PLC as its newest supporting company. 

KAZ Minerals is a copper company focused on large scale, low cost open pit mining in the CIS (Commonwealth of Independent States) Region.  The Group is listed in London and Kazakhstan. KAZ Minerals operates the Bozshakol open pit mine in the Pavlodar region of Kazakhstan, the Aktogay pit open mine and three underground mines in the East Region of Kazakhstan, and the…

Continue

Added by EITI on June 17, 2019 at 15:30 — No Comments

EITI countries progress on path to transparency and accountability

The EITI Board assessed the status of four implementing countries - Albania, Mali, Peru and Sierra Leone - at its meeting in Paris on 17 June.

What is Validation?

The EITI is implemented at the national level. In accordance with the EITI Standard, all EITI implementing countries are subject to periodic evaluation (“Validation”). Validation focuses on adherence to the EITI’s requirements on stakeholder…

Continue

Added by EITI on June 17, 2019 at 15:30 — No Comments

The future of extractive industries’ governance in Latin America and the Caribbean

Authored by Mark Robinson Executive Director, EITI International Secretariat, Daniel Kaufmann, NRGI President and CEO and Juan Cruz Vieyra, Senior Specialist, innovation for citizen services, InterAmerican Development Bank. 

Natural resources are a key factor for growth and development for Latin America and the Caribbean (LAC). The value of fossil fuel reserves is…

Continue

Added by EITI on June 16, 2019 at 15:30 — No Comments

Three things to look out for at the 2019 EITI Global Conference

Authored by Mark Robinson

Over the past 12 years, the EITI has grown from an initiative of 12 countries to an established global norm for improving extractives governance worldwide. The 2019 EITI Global Conference’s central theme "Open Data, Build Trust" embodies how we envision this creative international partnership to evolve over the coming decade. Three elements underpin this theme and shape the dynamic and…

Continue

Added by EITI on June 13, 2019 at 11:16 — No Comments

Furthering open government commitments in partnership with OGP

Authored by Mark Robinson and Lyydia Kilpi

Building on our common objectives, the synergy between the EITI and the OGP continues to grow.

The EITI and the Open Government Partnership (OGP) are close cousins. Both initiatives aim to improve governance and build trust by opening up data and creating opportunities for citizen participation.

Thirty of the 52 EITI countries are …

Continue

Added by EITI on June 11, 2019 at 9:28 — No Comments

The EITI adopts a new visual identity

Emerging global trends, increasing interconnectivity and rapid digitisation are changing the game for extractives transparency. As the EITI pushes new boundaries, we adopt a refreshed visual identity that reflects our diversity and forward-looking agenda.

Looking back, moving forward

The EITI has come…

Continue

Added by EITI on May 27, 2019 at 12:16 — No Comments

Iraq: EITI’s biggest OPEC member on track to systematic transparency

Authored by Indra Thévoz and Alex Gordy

A will and a way: as Iraq starts its second Validation, it has a chance to lead on systematic transparency.

95% of government revenues in Iraq comes from oil and gas sales. Ensuring the sector is transparent and open is essential for the wider economy and Iraqi society.…

Continue

Added by EITI on May 16, 2019 at 10:29 — No Comments

Chad’s progresses in EITI implementation

Chad has made meaningful progress in implementing the EITI with significant improvements in contract transparency and commodity trading.

The EITI Board decided that Chad has made meaningful progress in…

Continue

Added by EITI on May 16, 2019 at 10:25 — No Comments

Germany EITI leads by example

With all requirements met, Germany is set to embrace routine disclosures and innovate further.

Germany was recognised today by the EITI Board as having made satisfactory progress across all EITI Requirements. An active advocate and supporter for the EITI internationally, Germany started implementing the EITI in 2016 to demonstrate its own commitment to responsible natural resource governance.

From the outset, Germany’s multi-stakeholder group focused on making the EITI…

Continue

Added by EITI on May 16, 2019 at 10:24 — No Comments

London Metal Exchange, EITI and OECD to improve transparency in mineral supply chains

Today, the London Metal Exchange (LME), the world’s largest market for minerals, launched a formal consultation on the proposed rules for responsible…

Continue

Added by EITI on April 23, 2019 at 13:00 — No Comments

Setting the standard in commodity trading

Efforts to bring transparency to the commodity trading sector were given new momentum last month in Switzerland, the global centre for commodity traders. EITI Chair Fredrik Reinfeldt addressed traders at the FT Commodities Summit in Lausanne.…

Continue

Added by EITI on April 15, 2019 at 16:11 — No Comments

Taking the lead on disclosures

Authored by Murjanatu Gamawa and Alex Gordy

The EITI Global Conference in Paris on 18-19 June will showcase emerging best practices in EITI implementation from 52 countries. Ghana has all the building blocks needed to lead Africa in systematically disclosing EITI data.

In March, Ghana EITI (GHEITI) convened a workshop to explore…

Continue

Added by EITI on April 15, 2019 at 16:07 — No Comments

Conveners

           GOXI Partners

Videos

  • Add Videos
  • View All

© 2019   Created by Kobina Aidoo.   Powered by

Badges  |  Report an Issue  |  Terms of Service