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sharing in governance of extractive industries

EITI's Blog – July 2019 Archive (5)

Raising the bar on extractives transparency

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…

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Added by EITI on July 25, 2019 at 15:00 — No Comments

EITI Deputy Head Eddie Rich moves on

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…

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Added by EITI on July 23, 2019 at 15:00 — No Comments

How can the EITI be more effective in fighting corruption?

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…

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Added by EITI on July 22, 2019 at 15:00 — No Comments

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…

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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…

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

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