The EITI Blog

The EITI Blog gathers together ideas about the role of transparency and natural resources in creating economic growth and fighting poverty and corruption. The blog is authored by members of the EITI Secretariat and key stakeholders.

EITI Contributing to a Better Investment Climate

September 7th 2009 - 3:00PM ... Julie McDowell
Julie McDowell is Head of Socially Responsible Investment at Standard Life Investments and Member of the EITI Board.In a recent Standard Life Investments publication I discuss how the EITI contributes to a better investment climate. With the growing importance of commodity stocks and the move by extractives companies to source production in countries with higher risk profiles, the EITI's role has become increasingly important.From the article:

New publications about EITI Reporting

August 26th 2009 - 5:58PM ... Sofi Halling
The EITI reporting process lays the foundation for increasing revenue transparency in the extractive sectors. Understanding how much money is flowing into the government from the extractives sector and what the difference is between what the companies say that they pay and what the government says they receive, is the key first step in better management of those resources.  Every country implementing the EITI must produce EITI Reports. Since 2003 a total of 26 EITI Reports have been produced by 12 EITI countries, and many more appear to be on the way.

A call for your EITI experiences - contribute towards a new EITI publication

July 23rd 2009 - 11:12AM ... Christopher Eads
The EITI has been growing strongly over the last two years and there are now 30 countries implementing the EITI around the world. As the initiative grows, so does the demand for stories about how the EITI is making a positive impact in the countries where it is being implemented. Measuring the impact of the EITI is a difficult task. In most cases, EITI activities are contributing to larger-scale efforts at reducing corruption, improving public financial management and improving the business operating environment.

Transparency as a tool for trust-building

July 7th 2009 - 11:30AM ... Peter Eigen
The article was first published by Business Action for Africa in their 2009 report From Crisis to Opportunity. The report can be downloaded as a pdf.

The EITI story so far: a personal reflection

February 11th 2009 - 4:44PM ... Graham Baxter
By Graham Baxter, Director, Responsible Business Solutions, International Business Leaders Forum I was there at the start, Johannesburg 2002, although I have to admit I was a bit busy promoting BP's Solar business in the Ubuntu Village tent to spare much time for the launch by the UK Prime Minster, Tony Blair, of the Extractive Industries Transparency Initiative. When I was asked to take on BP's corporate responsibility role the next year, I was delighted to find that it included the BP "seat" in the emerging governance structures of the initiative.