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
The International Open Data Conference (IODC) is the annual meeting of the global open data community. IODC aims to build stronger relationships between open data initiatives from different governments and establish a dialogue between policymakers, NGO’s and companies. Extractives were a key theme at this year’s IODC in Madrid.
The Nigerian EITI (NEITI) is discussing the potential for open data to further enhance their already formidable reputation in promoting transparency in Nigeria's oil and gas sector. As ever, the devil is in the detail…
I am currently in Abuja, supporting NEITI in developing an open data policy. The EITI often leads to ground-breaking disclosures, but too often this information is locked in pdf reports. Our work on open data aims to make this information more accessible, useful and influential.
EITI implementing countries are increasingly making the information required by the EITI Standard available through government and corporate reporting systems (databases, websites, annual reports, portals etc). The International Secretariat encourages and recognises these efforts to mainstream the EITI into government structures and make transparency an integral part of how governments manage the sector.
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.
Board discusses progress around the world
The 35th EITI Board Meeting, hosted by the Government of Kazakhstan, gathered together over eighty members and observers. The Board discussed implementation progress in the fifty-one member countries. Amongst the main topics discussed, the members highlighted progress on the roadmap to disclose beneficial ownership, targeted efforts on commodity trading, mainstreaming and project-level reporting. According to the EITI Standard,
EITI Board members visit the biggest open pit gold mine in Central Asia – Vasilkovka
The week of the first ever Board meeting in Central Asia, hosted by the Government of the Republic of Kazakhstan started with a field trip of the EITI Board to the largest open-pit gold deposit in Kazakhstan - Vasilkovka. The mine is located 347 km away from Astana. Operated by JSC Altyntau-Kokshetau, whose parent company is Glencore,
This is part one of a three-part series of blogs that the Secretariat will be publishing in the coming weeks. The series draws on the early lessons and findings from Validation and brings the readers’ attention to the importance of Validation – not just an assessment tool, but also as a means of improving implementation and relevance of the EITI, learning from each other’s experiences and refreshing and energising processes in countries.