Publication Type: 
Research on the EITI
Published Date: 
October, 2017

Pioneering extractive sector transparency. A PWYP perspective on 15 Years of EITI

Highlights

  • The EITI went from being a loose set of reporting requirements to a comprehensive and well respected standard of disclosure.
  • PWYP played a major part in continuously strengthening the EITI as a normative trend setter in the extractive industries.
  • Citizen uptake of EITI data remains a key challenge to delivering impact on the ground in resource rich countries.

Abstract
The EITI progressively went from being a loose set of reporting requirements to a comprehensive and well respected standard of disclosure. As a global coalition, PWYP played a major role in this continuous strengthening of the EITI as a normative trend setter in the extractive industries. The ability of the EITI to continuously reconcile numerous, oftentimes diverging priorities has been at the heart of its success, both as a model of multi-stakeholder governance and as a transparency standard. From a PWYP perspective, it is important to pay credit to those essential achievements. But it is equally important to highlight outstanding challenges − the insufficient use of EITI data by citizens being an essential one − that have prevented the initiative from fully reaching its transformative potential for citizens and local communities in resource rich countries to reap important benefits from extractive activities.

 

The article can be purchased here.