Germany

EITI Status Yet to be assessed against the 2016 Standard

EITI Member Since 2016

Germany is Europe's largest, and the world's fifth largest economy (CIA World Factbook). The country is one of the biggest commodity consumers worldwide, particularly in terms of mineral resources.

While generally regarded as a resource-poor country, it has relatively large deposits of lignite, potash and rock salt as well as rocks and soils for the construction industry. Oil and gas are extracted, mainly in North Germany and the North Sea. A map with an overview of the location of minerals in Germany can be found here.

The value of Germany's extractive resources amounted to EUR 14.8 bn in 2013 (Source: Mining and Statistics, 2013).

By implementing the EITI, we are boosting transparency and dialogue in the raw materials sector. It is important to ensure that this process is understandable and easily accessible for all stakeholders, and also for the general public. For this reason, in future all the information about D-EITI will be explained on the website “www.rohstofftransparenz.de“ and made available in the form of open data. In this way, D-EITI usefully complements the statutory reporting requirements for payments by raw materials companies to state bodies and the European register of beneficial ownership, which we have agreed on with our European partners.
Uwe Beckmeyer, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy, Special Federal Government Commissioner for EITI Implementation in Germany

Implementation

Germany lodged an EITI candidature application on 22 December 2015. The application is available here (and listed below). The application is being considered by the EITI Board and a decision is expected in early 2016.

At its meeting on 10 June 2015, which was attended by the Special Representative Mr Beckmeyer, the D-EITI Multi-Stakeholder Group agreed on the objectives for EITI implementation in Germany.

On 10 March 2015 the German Federal Government formed a multi-stakeholder group, to be based on equal representation.

On 2 July 2014 the Cabinet of the German Federal Government announced its committment for full implementation of the EITI, the global Standard for transparency of government revenues from natural resources. Uwe Beckmeyer, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy, was appointed Special Representative for D-EITI.

Timeline

EITI Reports and other key documents

Germany beneficial ownership roadmap

Published Date:

December, 2016

Publisher:

Germany EITI

Attached below is Germany's roadmap on how it intends to disclose the beneficial owners of the companies active in the extractives sector (requirement 2.5). The multi-stakeholder group has decided to postpone the decision on how to deal with the issue of beneficial ownership and to await the decision that is made regarding the German implementation law on the amended EU Money Laundering Directive.

More information on beneficial ownership can be found at eiti.org/beneficial-ownership