sharing in governance of extractive industries
2016 is an historic year for transparency advocates and data geeks alike.
After fourteen years of campaigning by the global Publish What You Pay (PWYP) coalition, laws requiring oil, gas and mining companies to publicly disclose project-level payments to governments for access to natural resources are now in force in over 30 countries. This means we will know how much each covered company paid in royalties, taxes, fees, and other vital information for every project in every country of operation.
Too often, natural resource wealth has served to enrich corrupt corporate execs and political elites,
while the owners of those natural resources - citizens - have been left footing the bill for environmental destruction, community displacements, and lost economic opportunities. These reports present a treasure trove of information for advocacy groups, data scientists, journalists and citizens. Now, they can dig deep into oil, gas and mining data that was previously shrouded in secrecy.
In fact, some of the world’s largest extractive companies either listed or incorporated in the European Union, like Shell (UK), BP (UK), Total (France), Statoil (Norway) and Rio Tinto (UK), have already published their first reports. We can expect reporting from Canadian listed/incorporated companies in 2017; with the bulk of US-listed company reports disclosed in 2019.
Transparency advocates are beginning the hard work of sifting through this newly released data, and have already begun asking important questions like:
Leading organizations have also formed new initiatives to provide activists with the opportunity to more easily engage with this data, and to train a new generation of data savvy transparency advocates and citizens.
At Publish What You Pay – United States (PWYP-US), we launched a website in June – Extract-A-Fact – with the intention of empowering citizens, activists and journalists to harness oil, gas, and mining data and use it as a tool to demand accountability from governments and extractive companies. Extract-A-Fact does this by providing training modules detailing useful and creative ways to find, analyze, and visualize extractives data, as well as blog posts from PWYP-US and our partners as we dig deeper into oil, gas, and mining sector data to answer questions critical to communities impacted by natural resources.
Over the past year, other important initiatives and tools have sprung up across the globe:
These new initiatives are already empowering activists to demand accountability for how their country’s natural resources are managed. But civil society
groups are not the only actors who recognize the importance of these disclosures. Recently, the law firm Holland & Knight (citing research done by a PWYP Data Extractor) wrote that payment transparency could lead to increased voluntary Foreign Corrupt Practices Act (FCPA) disclosures, aid law-enforcement officials in investigating possible FCPA violations, and have a deterrent effect on corruption.
This new era in extractives transparency is why I am so excited for IODC 2016. If youbelieve that a country’s natural resources belong to the citizens who live there, and that profits made from those resources should be used to benefit those people, rather than swell the pockets of corrupt government officials and shady executives – let’s talk. I want to work with you to brainstorm ways we can fight corruption by translating this data into accountability.
Interested to know more? Follow us on twitter @pwypusa @janalmorgan @pwyptweets
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