The 7th EITI Global Conference
From Reports to Results
Lima, Peru, 24-25 February 2016
As the world was entering a new era of lower commodity prices, the need for increased trust, better information, and good governance, was stronger. The 2016 EITI Conference focused on highlighting the results from implementing the EITI Standard, informing policy dialogue, and integrating the EITI into how governments and companies operate.
The 2016 EITI Global Conference focused on highlighting the results from implementing the EITI Standard, informing policy dialogue, and integrating the EITI into how governments and companies operate.
The EITI Standard, which was adopted at the 2013 Global Conference, has led to innovative reporting and policy changes in EITI countries. The Global Conference and the National Exhibition were an opportunity for countries to share their stories on increased scrutiny over license allocations, oil sales, reforms in the utilisation of subnational revenue, the impact of the disclosure of beneficial owners, recommendations from EITI reports leading to improvements, improving the timeliness of data, and many other themes.
Informed public debate and better policy making will determine whether citizens benefit from their resources. In February 2016, EITI Reports covered nearly 250 financial years and over USD 1.7 trillion in revenue. More data is available than ever before. Citizens of EITI countries now have access to information about how licenses are awarded in their country, how much revenue local governments receive and how state-owned companies operate. But more needs to be done. The Global Conference provides a platform to share innovations and create new ones.
In the long term, extractive industry transparency should not be confined to EITI reporting, but become an integral part of how governments manage their sector. Countries are already increasingly making data about their oil, gas and mining sectors available through government and corporate reporting systems such as databases, websites, and portals. Mainstreaming helps make EITI data timelier and more useable. The Global Conference provided an opportunity to discuss the direction of EITI reporting to ensure sustainable transparency.
The conference was organised in collaboration with the Ministry of Energy and Mines of Peru, and with support from BHP Billiton, Chevron, the governments of Canada, Germany and the United Kingdom, the European Commission, Freeport McMoRan, the Inter-American Development Bank, The International Monetary Fund, the Omidyar Network, and the World Bank.
EITI National Exhibition
The EITI National Expo is a forum where EITI countries and key supporters of the EITI present progress and innovations in mineral resource governance, share experiences and get to know each other.
All 51 EITI countries took part in the 2016 National Expo, alongside the EITI International Secretariat, Publish What You Pay, the Natural Resources Governance Institute, Map X, Promo Peru, and the working group on audit of the extractives industries, which ran in parallel with the Global Conference.
The 2016 EITI Chair's Awards
The DRC, Ghana, Mongolia and the Philippines received awards.
Chair of the EITI, Clare Short announced the winners of the 2016 EITI Chair's Award at the opening session of the EITI Global Conference in Lima on 24 February.
The four winners in 2016 were:
- The Democratic Republic of Congo for leading the way on beneficial ownership.
- Ghana for taking the recommendations from its EITI Reports and turning them into reforms.
- Mongolia for its improvements in making data available.
- The Philippines for the impact of its EITI.
HE Georges Wembi, Minister of Planning and Chair of the DRC Multi-stakeholder group; HE Mona Quartey, Deputy Minister of Finance, Ghana; HE Rentsendoo Jigjid, Minister of Mining, Mongolia; and HE Cesar Purisima, Secretary of Finance of the Philippines received the awards on behalf of their countries.
At the EITI Global Conference in Sydney in 2013 three awards were given:
- Nigeria, for going beyond the EITI minimum standard and for making the EITI relevant and influencing policy in the country.
- Togo, for producing a video that captures the spirit of the EITI and how it benefits citizens.
- Sonny Mulenga from Zambia, for producing a video that captures the spirit of the EITI and how it benefits citizens.
At the 2011 EITI Global Conference in Paris in 2011 three countries were awarded:
- Mongolia for consistent improvement in reporting; the
- Central African Republic for rapid implementation; and the
- Kyrgyz Republic for achievement despite political instability.
At the EITI Global Conference in Doha in 2009, the following three countries won:
- Liberia for its rapid progress;
- Azerbaijan for being the first compliant country, and
- Kazakhstan for its communication efforts.