EITI week in Astana, Day 3

EITI makes its first assessment under EITI Standard

Today, the EITI Board completed its 35th Board meeting with discussions on the Azerbaijan’s status following its Validation as well as setting out its workplan, finances and governance for the coming year.

EITI prolongs Azerbaijan’s membership

The Board agreed that Azerbaijan should remain a candidate but with corrective actions to be undertaken and progress to be reviewed in a validation starting on 26 July 2017. See more detail here.

Progress on EITI funding and governance

Following up earlier deliberations and options to address the EITI’s long term funding challenges, the Board is establishing a new funding model. With the goal of providing sufficient, predictable and fair funding to the International Management of the EITI, the Board agreed that supporting companies and implementing countries should be required to contribute financially. 

The Astana meeting also agreed on some minor amendments to its voting procedures. 

The next Board meeting is likely to be held in late February or early March 2017 in Bogota.

Kazakhstan EITI holds National Conference

The Kazakh National Stakeholders Council (NSC) took advantage of the presence of the international EITI community here in Astana to hold its 8th EITI National Conference. Through the conference the NSC demonstrated how it has used the EITI process to advance the country’s transparency agenda. The main theme of the conference was the beneficial ownership disclosures in Kazakhstan and what it will entail. The NSC has been advising the government on amending the Subsoil and Subsoil Use Code to include the mandatory clause on beneficial ownership disclosure in the country. The MSG members presented the latest developments in the online reporting of the EITI and mainstreaming, an area that is championed by Kazakhstan in the region. Last but not least, the National Stakeholders Council presented Kazakhstan’s 2015 data through the upcoming 2015 EITI Report. Come back to the eiti.org to read the details of Kazakhstan’s 2015 EITI Report.

EITI: so what? – Impact Study

The German Federal Ministry for Economic Cooperation and Development, GIZ, the World Bank, PWYP, NRGI, and MSI Integrity hosted a side event around the Board meeting called “EITI: so what? Assessing the EITI’s Impact for Change”.

The session explored the impact of the EITI so far and its relationship with the Sustainable Development Goals. The discussion focused on how change is brought about in the EITI, how it is best linked to national agendas, and how it is best measured. Lutz Neumann presented the findings from a GIZ Impact Study on ways to strengthen the impact of the EITI at the national and sub-national levels. 

It was clear that the EITI is having strong and real impact in many different countries, but it remained a challenge how to monitor and present the overall picture at the global level. Read about the EITI impact in its 51 implementing countries: EITI 2016 Progress Report: progrep.eiti.org