“Many of the changes and reforms the government is now pushing through are directly attributable to the work of NEITI.”
Zainab Ahmed, Nigerian Minister of Budget and Planning, EITI Board member and previous Executive Director of NEITI, at a recent call of the EITI Board’s Implementation Committee
“The EITI has identified a wide range of reforms, including on how to modernise the records for production audits and revenue collection.”
Mohamed Said Ould Ahmed, director of research and statistics at Mauritania’s Treasury, and Stephan Eggli & El Hadramy Mohamed Mahmoud, technical advisors at GIZ, on Mauritania’s efforts at mainstreaming EITI reporting.
Government extractive industries revenues present an important challenge in terms of their economic weight, their impact on the national budget and on good governance in public management more generally. In 2014,
As the extractives sector embraces increasing transparency, stakeholders face new challenges related to data proliferation, fragmentation, dispersion, and quality control. Overcoming these challenges is more important than ever to ensure efficiency and strengthen existing systems, avoid duplication, manage expectations, support evidence-based decision-making and build stakeholder trust.
A decade of transparency highlights new opportunities for accountability in the land of steppe and sky.
Fresh from a landslide victory in last June’s elections, Mongolia’s new government faces both economic headwinds and opportunities for reform.
In May 2015, the European Union (EU) adopted the 4th Anti-Money Laundering Directive (AMLD) requiring, among other things, government authorities to collect and maintain beneficial ownership (BO) information for companies incorporated in the territories of member states. This is a means of “tracing criminals who might otherwise hide their identity behind a corporate structure”, according to the AMLD.
Nine Extractive Industries Transparency Initiative (EITI) implementing countries in the Anglophone and Lusophone region of Africa met in Abuja in early November to plan for the implementation of beneficial ownership (BO) disclosures. At the center of the discussion was the painstaking process of planning how to reveal who stands behind oil, gas and mining companies. Ben Mellor, the UK DFID country representative to Nigeria,
How EITI can help identify and address challenges in artisanal and small-scale mining.
Artisanal and small scale mining (ASM) provides a livelihood for millions of people in several resource rich developing countries and is a major source of economic development for many rural and regional communities.
ASM is the manual extraction of minerals by artisanal and small-scale miners. The manual miners often dramatically outnumber their counterparts in the industrial sector.
Beyond annual reporting of payments, the EITI is a tool for building open extractives data systems.
Mauritania has a strong tradition of nomadic herding, a vibrant culture of communication, trading and kindness to strangers. It has an opportunity to apply the same principles through the EITI. The EITI provides a framework for government and company disclosures. A key focus of this work is promoting open data.
Contracts, licenses and associated agreements establish many of the commitments between government and oil, gas or mining companies. In some cases, the terms of these contracts and licenses may be standard and complemented by taxation regimes. In other cases, these contracts, licenses and agreements include detailed terms for how the government and companies agree to share risk and reward over the life of long-term oil, gas and mining projects. Wherever the information is held,
When the EITI family met in Lima back in February this year it revised the EITI Standard. The 2016 EITI Standard made some significant improvements from the 2013 Standard which was hugely different from the previous EITI Rules. The 51 EITI implementing countries have over the years upped their commitments in quite an extraordinary way.
From simple figures to comprehensive information