G-8 leaders urge EITI countries to complete implementation

G-8 leaders meeting in Muskoka in Canada on 25-26 June urged EITI candidate countries to complete EITI implementation to enhance governance and accountability in the extractive sector. The G-8 has consistently expressed its support of the EITI since the G8 Summit in Evian in 2003. In the final declaration titled "G8 Muskoka Declaration Recovery and New Beginnings" the G-8 leaders state:

"We also urge candidate countries to the Extractive Industries Transparency Initiative (EITI), including the DRC, to complete the EITI implementation process as a mechanism to enhance governance and accountability in the extractive sector. The recent inclusion of coltan and cassiterite in the DRC’s EITI reporting is a step in the right direction."

This year the G-8 also published the Muskoka Accountability Report that takes stock of recent G-8 commitments related to development, including its support of EITI. The report notes that

"Since the 2003 Evian Summit, the G8 has been working to promote the Extractive Industries Transparency Initiative (EITI) to increase transparency of payments and revenues in the extractive sector". 

G-20 leaders expressed their support of the EITI when they met in Pittsburgh last year.