Blog Posts

Four years into Senegal’s EITI implementation, it’s important not to lose sight of the forest for the baobab trees

Senegal has led the way in improving the coverage and reliability of its EITI reporting, while seeking to make this information accessible to as broad a cross-section of the public as possible. As EITI Senegal works to integrate this transparency into routine government systems,

Last week, the United States decided to withdraw from implementing the EITI. The letter announcing the decision stated that “While the U.S government remains committed to fighting corruption in the extractives industry sector, and the ideals of the transparency enshrined in the EITI Principles and the EITI Standard, it is clear that domestic implementation does not fully account for the U.S legal framework”.

On 31 December 2017, an important provision of the 2016 EITI Standard comes into force. It requires implementing countries to make their EITI data available in open data formats. This is quite easily achieved and an important step in ensuring that EITI data is publicly accessible and contributes to public debate.

The below is based on a speech given by Fredrik Reinfeldt, Chair of the EITI, at the opening plenary of the Opening Up Ownership Conference in Jakarta. 

It is a great pleasure to welcome you all to the Opening up Ownership conference. This Conference is a milestone in the global fight against corruption.

When the Panama Papers scandal broke in March 2016,

The below is based on a speech given by HE Prof. Yemi Osinbajo, Vice President of the Federal Republic Of Nigeria at the opening plenary of the Opening Up Ownership Conference in Jakarta. 

I am honoured to have the privilege of addressing you at this important event. Let me start by commending President Joko Widodo and the government and the people of Indonesia for graciously hosting this conference, and for their remarkable hospitality since we arrived.

EITI Manila Board Meeting Blog: Day 2

The EITI Board continued its 38th meeting in Manila today, building on its first day of discussions on incentivising and acknowledging systematic disclosure. The EITI Board turned its attention to recognising and assessing EITI impact, highlighting opportunities for key countries and planning for the coming year.

Impact through the eyes of the implementers

EITI Manila Board Meeting Blog: Day 1

The EITI has been at the forefront of discussions on accountability and governance, for many years.  This week the Jakarta Conference “Opening Up Ownership” was the first time that the individuals who are charged with leading their beneficial ownership transparency efforts have been brought together.  It creates dynamic, practical, substantive conversations about the legal mechanisms, how to define and collect the data and how to build registers.

Blog from Day 2: Opening Up Ownership Conference

Fifteen workshops, over a hundred speakers, more than 400 experts from more than fifty countries, more than 100,000 people engaging with the EITI online and trillions of dollars on the line. Welcome to the EITI’s Global Conference on “opening up ownership” – day two.

Sharing practices, building systemsImagine you were tasked with setting up a beneficial ownership register in your country. Of course,

Blog from Day 1 of the Global Conference on “Opening up Ownership. Sharing practice - building systems”, Jakarta, Indonesia. 23 -24 October 2017

The Government of Indonesia and the Extractive Industry Transparency Initiative (EITI) today convened the largest ever global meeting dedicated to beneficial ownership disclosure, one of the most important frontiers in global efforts to combat tax avoidance and corruption.

New guidance to help countries improve beneficial ownership reporting under the EITI.

Designing a data collection process for company beneficial ownership information can be challenging. EITI countries are making progress on establishing frameworks for disclosing the real owners of oil, gas and mining companies. In many countries, this is a major reform. In the meantime, there are opportunities to improve the beneficial ownership information disclosed in EITI Reports.

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