March 15th 2011 - 11:55AM ... Anders Tunold Kråkenes
On 16 February 2011, the EITI Board agreed a new edition of the EITI Rules. The EITI Rules brings together the all the requirements for implementing the EITI. The changes in the EITI Rules - 2011 edition are the results of an extensive consultation process, and based on detailed feedback received from many EITI stakeholders.
The EITI Board today announced that Timor Leste is EITI Compliant. Timor Leste has completed the validation process in April. The final validation report was approved by the Timor Leste EITI Working Group on 6 April 2010. The EITI Board reviewed the report and today made the following announcement: The EITI Board designates Timor Leste as EITI compliant as of 1 July 2010. In accordance with the EITI Rules:
March 9th 2010 - 5:25PM ... Anders Tunold Kråkenes
On 8 March the Chair of the EITI Board, Peter Eigen, issued the following statement: “In recent months a tremendous amount of work has been done to improve transparency in the extractive sectors of many countries. Among the reasons for the increased activity has been EITI Candidate countries’ goal to be recognised as EITI Compliant under the Initiative's international rules and principles.
February 4th 2010 - 12:00PM ... Anders Tunold Kråkenes
Equatorial Guinea, currently an EITI Candidate country, held the 7th meeting of the EITI National Commission, the EITI multi-stakeholder group in the country, on 30 January. The Commission, chaired by Finance Minister Melchor Esono Edje, took important decisions for the advancement of the implementation process in EG: Hart Nurse Limited was chosen to conduct the EITI Validation, the local communication firm “Media Communications” was selected to ensure the dissemination of the first EITI report.
December 10th 2009 - 12:25PM ... Anders Tunold Kråkenes
22 EITI Implementing Countries have a Validation deadline of 9 March 2010. Azerbaijan and Liberia have already completed Validation, but the others have just three more months. With this in mind, there has been a surge in Validation activity. Gabon, Kazakhstan, and Mongolia are currently conducting Validation studies. Ghana, Nigeria and Timor Leste have selected a Validator and are expected to begin to work shortly. A number of other Candidate countries are conducting procurement processes to select a Validator.
October 15th 2009 - 7:26AM ... Anders Tunold Kråkenes
BAKU, 15 OCTOBER 2009 The Board of the EITI (Extractive Industries Transparency Initiative) held its 10th meeting in Baku, Azerbaijan on 14-15 October 2009. During the meeting the Board designated Liberia as EITI Compliant, stating: “The Board congratulates the Government of Liberia and all the other stakeholders on the impressive progress made implementing the EITI. “
File:
2009-10-15 Press Release - Liberia designated EITI Compliant by the EITI Board.pdf
October 6th 2009 - 1:17PM ... Anders Tunold Kråkenes
On behalf of the Board of the Extractive Industries Transparency Initiative (EITI), the International EITI Secretariat seeks applications from suitably qualified service providers to be accredited to undertake EITI Validation. The EITI sets a global standard for transparency in the extractive industries. It supports improved governance in resource-rich countries through the verification and full publication of company payments and government revenues from oil, gas and mining.
