Tipo de publicación: 
Validation
Published Date: 
June, 2018

Peru Validation 2018

The Board found on 17 June 2019 that Peru had made overall meaningful progress in implementing the Standard, with considerable improvements across individual requirements. See Board decision 2019-45/BM-43.

Timeline of Validation and related materials

  • 1 July 2018: Second Validation commenced.
  • 4 January 2019: International Secretariat sends the draft assessment to the Multi-Stakeholder Group (MSG) [English] [Spanish].

MSG comments & Validation Committee review

  • 25 January 2019: The Multi-Stakeholder Group (MSG) provided comments [English] [Spanish] on the draft assessment. 
  • 31 January 2019: The International Secretariat finalised the assessment [English] [Spanish] for review by the Validation Committee. 
  • 7 February 2019: The Validation Committee reviewed the assessment. 
  • 19 February 2019: Civil Society Organizations provided comments [English] [Spanish] for review by the Validation Committee. 
  • 9 April 2019: The National Coordinator provided an update on efforts [English | Spanish], Annex 1 [Spanish], Annex 2 [Spanish], Annex 3 [Spanish]
  • 27 February 2019: The Validation Committee reviewed the assessment. 
  • 10 April 2019: The Validation Committee reviewed the draft recommendation.
  • 25 April 2019: The Validation Committee reviewed the draft recommendation. 
  • 4 May 2019: The Multi-Stakeholder Group provided comments on efforts [English | Spanish], Annex 1 [English | Spanish], Annex 2 [English | Spanish], Annex 3 [English | Spanish
  • 21 May 2019: The Multi-Stakeholder Group provided comments on materiality /requirement 4.1 Spanish English.
  • 23 May 2019: The Validation Committee agreed a recommendation to the Board. 
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    Background

    The first Validation of Peru commenced on 1 July 2016. On 11 January 2017, the EITI Board found that Peru had made meaningful progress in implementing the 2016 EITI Standard (see here). The EITI Board established six corrective actions related to:

    1. Workplan (Requirement 1.5);
    2. Scope of EITI reporting with regards to:
      1. State participation (Requirement 2.6);
      2. Infrastructure provisions and barter arrangements (Requirement 4.3);
      3. Social expenditures by extractive companies (Requirement 6.1);
    3. Comprehensive disclosure of taxes and revenues (Requirement 4.1);
    4. Data quality and assurance (Requirement 4.9);
    5. Discrepancies and recommendations from EITI Reports (Requirement 7.3);
    6. Review of outcomes and impact of EITI implementation (Requirement 7.4).