Transparency Matters seminar series

The Transparency Matters seminar series was launched in February of 2020. It covers cross-cutting themes relevant to extractive industries stakeholders, EITI implementing countries and civil society organisations.  Please check back regularly to stay up-to-date on upcoming seminars. Watch all Transparency Matters and EITI videos on our YouTube channel.

Hidden but with a high cost: What is at stake with supplier transparency?

Thursday, 27 May 2021 14:00 - 15:00 CEST

Language: English with French interpretation

Register here

Companies operating in the oil, gas and mining sector spend as much as USD 1 trillion a year on the procurement of goods and services. Procurement at this level carries both risks and opportunities. While supplier contracts can be vulnerable to corruption, the scale of spending can also create opportunities for local companies to derive economic benefit from extractives projects.  

Research published by the NRGI shows suppliers have played a part in corruption scandals and foreign bribery cases in at least 29 countries across five continents. While many companies and governments recognise the importance of supplier transparency, key information about suppliers and procurement processes is not yet routinely disclosed.  

This webinar will provide a forum for sharing existing examples of good practice in disclosing and using supplier information. Building on such examples, it aims to help governments, extractive companies, civil society and the media consider how data can be published and used to reduce corruption risks and promote trust and accountability.  

The webinar will be moderated by Carey Kluttz, the Head of Country Programs for Open Contracting Partnership. It will also feature high-level speakers from government, companies and civil society including:

  • Walid Nasr - Acting Chairman of the Board, Head of Strategic Planning Department, Lebanese Petroleum Administration 

  • Robert Pitman – Senior Governance Officer, Natural Resource Government Institute (NRGI) 

  • Daniel Driscoll - Vice President, Legal & Compliance, Endeavour Mining

  • Sylvia Buchan - Supply Chain Manager, Oil and Gas Authority, UK

  • Ines Marques - Policy Director, EITI International Secretariat

 

Evolving expectations: How state-owned extractive companies are tackling transparency

Tuesday, 30 March 2021 14:00 - 15:00 CEST

The revenue from state-owned enterprises (SOEs) ultimately belongs to the citizens. In many countries, SOEs are seen as central to ensuring good governance of the extractive sector and providing revenue for public services. While a number of SOEs have committed to operating transparently, some also face significant corruption challenges related to mismanaged finances and opaque operations.

This Transparency Matters webinar explored what citizens and government shareholders should expect from SOEs in light of COVID-19 recovery plans and the energy transition. Panelists also discussed how improvements in SOE transparency can mitigate corruption risks.  

This webinar was moderated by Tatiana Sedova, an adviser to the Minister of Industry and Infrastructural Development of the Republic of Kazakhstan on EITI and an EITI multi-stakeholder group (MSG) member. 

The webinar featured high-level speakers from government, state-owned enterprises and civil society including:  

  • Hans Christiansen, Senior Economist, OECD Corporate Affairs Division

  • Murtaza Rahimi, Director of Legal Services of State-Owned Companies, Ministry of Finance Afghanistan

  • Gonzalo Maldonado Albán, General Manager, EP Petroecuador

  • Inocência Mapisse, Researcher and Economic Analyst, Center for Public Integrity, Mozambique

  • David Manley, Senior Economic Analyst, Natural Resource Governance Institute

The webinar was held in English with French and Spanish translation. 

Watch the recording (English):

Regarder l’enregistrement (Français):

Ver la grabación (Español):

 

Transparency Matters 2020

Strengthening revenue collection in uncertain times: Why contract transparency matters for domestic resource mobilisation

Wednesday, 9 December 2020 14:00 - 15:00 CET

Contract transparency has rapidly evolved from being a frontier issue to a global norm. In the extractive sector, it helps citizens understand and monitor compliance with the terms, obligations and payments of extractive projects in their countries. The efficient management of tax regimes depends on sharing the information among government agencies.

The COVID-19 crisis underscores the urgency of disclosing contracts. As many countries anticipate a decrease in extractive production, it is even more important to understand if extractive revenues are managed in a way that meets critical development priorities, such as healthcare, economic and social needs.  

In advance of the January 2021 deadline for the disclosure of new or amended contracts, this Transparency Matters webinar explored how contract transparency can help mobilise domestic resources and why contract disclosure is critical.

The webinar was moderated by Lisa Sachs, Director of the Columbia Center on Sustainable Investment, and featured a number of high-level speakers from government, industry and civil society including:

  • Don Hubert, President, Resources for Development Consulting
  • Diana El Kaissy, Executive Director, The Lebanese Oil and Gas Initiative (LOGI), Lebanon
  • Mark van den Honert, Tax Manager, Global Policy, Shell International B.V.
  • Francess Alghali, Minister of State - Office of the Vice President, Republic of Sierra Leone
  • Tur-od Lkhagvajav, National Coordinator for Publish What You Pay (PWYP)-Mongolia coalition

 

Sustainable debt or pending threat? Why transparency matters for resource-backed loans

Thursday, 3 September 14:00 - 15:00 CEST


For countries with limited access to credit and capital, resource-backed loans are a way of raising funding for infrastructure and development projects. This type of financing comes in the form of pre-payment deals, where governments or state-owned enterprises receive funds in exchange for future resource production.  

These loans, however, also come with risks. Without transparency and public oversight, unfavourable terms and conditions can significantly affect a country's future public revenues and access to credit.

This webinar highlighted the role transparency can play in managing the risks and opportunties of resource-backed loans. It was moderated by Neil Hume, Natural Resources Editor of the Financial times and featured the following representatives from government, commodity traders and civil society: 

  • Zainab Ahmed, Minister of Finance, Budget and National Planning, Nigeria.
  • Christophe Salmon, Group Chief Financial Officer, Trafigura Group Ltd. 
  • Anne Fishman, Policy Analyst, Commodities & Finance, Public Eye. 

 

Why Transparency Matters for resource-rich countries caught in a triple crisis

For resource-rich developing countries, the Covid-19 pandemic has brought about a triple crisis: strained public health systems, a sharp decline in commodity prices and abrupt economic downturns. At this critical juncture, transparency and trust are critical in forging smart and responsive policies. 

As the second event in the Transparency Matters seminar series, our webinar explored how transparency can help resource-rich countries navigate the challenges of Covid-19.

The webinar featured a diverse panel of experts and transparency champions, including:

  • Ms Helen Clark, former New Zealand Prime Minister and UNDP Administrator. Chair of the International Board of the EITI.
  • Dr David Nabarro, one of six Special Envoys of the Director General of the WHO tasked to respond to the 2019–20 coronavirus pandemic.
  • Mr Waziri Adio, appointed Executive Secretary of NEITI 
  • Mr Roberto de Michele, Principal Specialist, Inter-American Development Bank 

 

Why Transparency Matters in the Energy Transition

Speakers for this in-person event included Helen Clark and Lord Turner. 

  • Helen Clark is the EITI Board Chair. She served as Prime Minister of New Zealand from 1999-2008, and as a Member of the New Zealand Parliament from 1981-2009. Prior to that she taught in the Political Studies Department of Auckland University, New Zealand. From April 2009 until April 2017, Ms. Clark was Administrator of the United Nations Development Programme and Chair of the UN Development Group.
  • Lord Turner is the chair of the Energy Transitions Commission. He is also the Chairman of Chubb Europe, and advises the board of the Shanghai-based company, Envision Energy. He was appointed the first Chairman of the Climate Change Committee (2008-2012) whose recommendations were adopted by the UK government in 2009. He is also Chairman of insurance group Chubb Europe and serves as a Trustee of the British Museum.

Helen Clark and Lord Turner at an event