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sharing in governance of extractive industries

EITI's Blog – May 2018 Archive (6)

Improving Community Participation in Natural Resource Governance

Written by Tina Pimentel

In the Philippines, communities can be involved in developing social and community programs with extractive companies' support, such as the construction of schools, hospitals and roads. Communities are then involved in monitoring the terms of contracts and making sure programs are fully delivered. In order to do this,…

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Added by EITI on May 28, 2018 at 13:11 — No Comments

Jonas Moberg to step down as the Executive Director of the Extractive Industries Transparency Initiative

Jonas is the first Executive Director of the EITI. He established the EITI International Secretariat in Oslo. The International Secretariat supports the implementation of the EITI across the world. Prior to the EITI, governments and companies did not regularly disclose revenues. Since its inception, USD 2.4 trillion has been disclosed by EITI countries along with other information about the governance of the whole extractives sector in over 50 countries.

Fredrik Reinfeldt,…

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Added by EITI on May 23, 2018 at 13:00 — No Comments

Dealing with asystematic disclosures: the evolving role of NEITI

Written by Christoffer Claussen, Technical Officer at the International Secretariat

Nigeria EITI’s (NEITI) stakeholder workshop held in Abuja in May confirmed the trend towards disclosure by governments and companies, rather than through data collected by a third party. Transparency is becoming more automatic and widespread in Nigeria’s extractive extractives sector. This has implications for NEITI’s…

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Added by EITI on May 16, 2018 at 11:30 — No Comments

Senegal declared first country in Africa to have made satisfactory progress in implementing the EITI Standard

The Board welcomed Senegal’s fast pace and innovative EITI implementation

8 May 2018 - The international EITI Board today welcomed Senegal’s progress in using the EITI to drive government reforms and generate a vibrant public debate on the nascent extractives sector. The Board concluded that the country had made satisfactory progress in meeting EITI requirements, making Senegal the first country in Africa and the fourth EITI implementing country…

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Added by EITI on May 10, 2018 at 13:00 — No Comments

OGP and the EITI – creating a transparency circle

Yellow: OGP Countries, blue: EITI countries, purple: EITI-OGP countries.

Since its inception, the Open Government Partnership (OGP) has encouraged its resource-rich members to commit to joining the EITI. NRGI carried out a review of commitments made under the EITI and OGP in 2017 and found that 7% of all OGP commitments were…

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Added by EITI on May 8, 2018 at 9:49 — No Comments

UK’s overseas territories to have beneficial ownership registers

On 1 May, the UK parliament voted to accept an amendment to the sanctions and anti-money laundering bill on Tuesday that requires the UK’s overseas territories to publish public registers of company ownership by the end of 2020. The territories include Anguilla, Bermuda, British Virgin Islands, Cayman Islands, Falkland Islands, Gibraltar, Montserrat and the Turks and…

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Added by EITI on May 7, 2018 at 9:30 — No Comments

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