Blog Posts

Who owns extractive companies? As of 1 January 2020, new EITI requirements for disclosing the owners of extractives companies will come into effect. In advance of this milestone, we take stock of progress made so far on beneficial ownership disclosure in EITI implementing countries.

Complex networks of corporate ownership are a significant feature of the modern business world. These ‘nested’ chains of corporation (think:

Much has happened in the year since I joined the EITI Secretariat as Executive Director. We have launched a revised EITI Standard, addressing new areas of transparency such as contracts, state-owned enterprises, commodity trading, gender and environment. We hosted a successful Global Conference and welcomed a new EITI Board and Chair, the Rt. Hon. Helen Clark, a widely respected global leader on sustainable development and international cooperation.

The EITI has launched a consultation to seek views on the future of Validation. This is a key opportunity for stakeholders to influence how progress towards EITI implementation should be assessed. The consultation is open until Tuesday 14 January.

Think of a racing circuit: one goal, many different cars and drivers. Now imagine the circuit as the EITI Standard, where each car represents an EITI implementing country. The race steward performs the role of Validation,

The EITI Board gathered to assess country progress, discuss the EITI’s role in addressing corruption and deepen cross-organisational collaboration.

Less than a week after the 2019 Nobel Peace Prize was awarded to Ethiopian Prime Minister Abiy Ahmed Ali, Addis Ababa was a fitting backdrop for the 45th EITI Board meeting, hosted by the Government of Ethiopia. With the extractive industries being one of Ethiopia’s “big four” focus areas for economic growth,

On the eve of the 45th EITI Board meeting in Addis Ababa, the EITI International Secretariat and the Office of the Auditor General of Norway hosted a workshop on strengthening collaboration with Supreme Audit Institutions (SAIs). The workshop brought together EITI and SAI representatives from Ethiopia, Ghana, Malawi, Mozambique, South Africa, Sierra Leone, Tanzania, Uganda, Zambia and Zimbabwe.

What can be learned from three years of Validation results – and how to interrogate the data

EITI Validation results are a rich source of information about the transparency of the extractive sector in EITI implementing countries. Over 80% of EITI countries have completed their first Validation since the process was introduced in 2016, producing a substantial dataset that covers 1,386 individual requirements of the EITI Standard. When compared and examined more closely,

The EITI and its stakeholders commit to intensify efforts towards gender equality and diversity in natural resource governance

While the benefits of extractive industry projects are primarily enjoyed by men, women and girls bear a disproportionate share of the negative social, economic and environmental impacts. That is why provisions to enhance women’s participation in decision-making around the management,

Over the last few years, there’s been significant progress towards making beneficial ownership transparency (BOT) a global norm, with 18 countries making beneficial ownership-related commitments in their Open Government Partnership (OGP) National Actions Plans. This growing momentum is encouraging given the potential for implementation efforts to achieve significant policy impact, and to contribute towards a global drive to abate corruption and increase trust between citizens,

With more than USD 2.5 trillion of revenues disclosed to date, the time is right for the EITI to reflect on its contributions and potential future role in the fight against corruption in the oil, gas and mining sector.

The question about what tangible impact transparency has on anti-corruption efforts has been debated over and over, with numerous studies pointing to different results. The issue is further compounded by the increasingly sophisticated forms of corruption that take place. 

News and blog posts

In this valedictory piece Eddie Rich highlights several challenges and opportunities for the EITI in the future. The content represents his personal views and should not be treated as the Secretariat’s policy. It focuses on the following themes:

Measuring EITI’s impactImproving EITI’s Standard and Validation processGetting the most from EITI’s constituencies EITI has a huge impact but needs to communicate this better 

EITI at the country level: the case of Nigeria

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