EITI-Colombia has published verified revenue information, shone a light on revenue distribution to regions and started to tackle challenges in environmental regulations.

Colombia was assessed today as the first country in the Americas to meet all the requirements of the EITI Standard. The EITI Board reached that decision in its meeting in Berlin today. The Board found that Colombia had demonstrated satisfactory progress in all requirements of the EITI Standard.

The country currently has limited activity in mining at this time and has decided to withdraw

The Solomon Islands withdrew from the EITI due to limited activities in the country’s extractive sector. In a letter addressed to the EITI Board, Solomon Islands’s Deputy Prime Minister for Finance and Treasury, Manasseh Sogavare, said that while the Solomon Islands government remains committed to implementing the Principles of EITI,

North Sea production and revenues rise for the first time in three years

The United Kingdom is the world’s 22nd largest producer of oil and gas. In addition, it produces small amounts of coal, industrial materials such as kaolin and potash, and construction materials. Overall, the extractives sector contributed a gross value-added of almost USD 30 bn to the UK economy in 2016. According to the UK Office for National Statistics, 35,500 people are directly employed in the extractives sector,

The 2016 report confirms Trinidad and Tobago’s sharp decline in extractives revenues and draws attention to areas of concern including unpaid transfer licenses fees, unpaid payments from quarries, weak auditing practices in companies and government agencies, and poor production data.

Decline in revenues stresses the need for optimal revenue collection

On 11 May,