Reflecting on EITI’s potential and actual contribution to the global anti-corruption agenda.
There is a global consensus that in many countries, extractives sector corruption can deprive the population of resources needed to reduce poverty. Resource-rich countries are increasingly taking measures to tackle corruption and resulting illicit financial flows head on through national strategies and global initiatives.
The EITI Board assessed the status of four implementing countries - Albania, Mali, Peru and Sierra Leone - at its meeting in Paris on 17 June.
The EITI is implemented at the national level. In accordance with the EITI Standard, all EITI implementing countries are subject to periodic evaluation (“Validation”). Validation focuses on adherence to the EITI’s requirements on stakeholder engagement and government and company disclosures.
The Extractive Industries Transparency Initiative (EITI) Members’ Meeting today confirmed the appointment of Rt Hon. Helen Clark as the Chair of the EITI. The EITI Board for 2019-2022 was also elected (list here
Helen Clark is a widely respected global leader on sustainable development and international cooperation. She served three successive terms as Prime Minister of New Zealand between 1999 and 2008. While in government, she led policy debate on a wide range of economic, social,
At the 2019 EITI Global Conference in Paris, the EITI welcomed KAZ Minerals PLC as its newest supporting company.
KAZ Minerals is a copper company focused on large scale, low cost open pit mining in the CIS (Commonwealth of Independent States) Region. The Group is listed in London and Kazakhstan. KAZ Minerals operates the Bozshakol open pit mine in the Pavlodar region of Kazakhstan, the Aktogay pit open mine and three underground mines in the East Region of Kazakhstan,
Statement from the EITI International Secretariat
We note the BBC Panorama documentary “the $10 Billion Energy Scandal” on Sunday 2 June and subsequent statements regarding the Extractive Industries Transparency Initiative (EITI) Validation of Senegal.
Senegal was admitted as an EITI member country in October 2013. In accordance with the EITI Standard, all EITI implementing countries are subject to period evaluation (“Validation”). The Validation of Senegal commenced in July 2017.
Emerging global trends, increasing interconnectivity and rapid digitisation are changing the game for extractives transparency. As the EITI pushes new boundaries, we adopt a refreshed visual identity that reflects our diversity and forward-looking agenda.
The EITI has come a long way since its inception in 2003. Over the past 13 years, a staggering USD 2.5 trillion worth of revenues has been disclosed by its ever-growing network of 50+ EITI-implementing countries. The EITI Standard,
Announcement of EITI Members' meeting
The EITI Board will host a Members' Meeting, alongside the EITI Global Conference, on 17 June at 16:00 at the OECD Conference Centre, 2, rue André Pascal, Paris.
The EITI Members' meeting is the highest governance body of the EITI. It meets every three years to appoint the EITI Board for the next two years. A Member of the EITI Association is a personal representative of a country (meaning state), company,
The EITI is proud to announce the winners of this year's competitions:
Best photo by Sarah Weber - Students simulating the EITI multi-stakeholder model, Democratic Republic of Congo
Best infographic by Madeiline Joy Aloria - Towards good governance in the extractive industry, Philippines
Best EITI impact narrative by Luke Viljoen, Exploration Geologist in Zambia
Chad has made meaningful progress in implementing the EITI with significant improvements in contract transparency and commodity trading.
The EITI Board decided that Chad has made meaningful progress in implementing the EITI Standard. Validation, which is the quality assurance of the EITI Standard found that Chad’s performance in implementing EITI Requirements has been generally positive but remains uneven.
With all requirements met, Germany is set to embrace routine disclosures and innovate further.
Germany was recognised today by the EITI Board as having made satisfactory progress across all EITI Requirements. An active advocate and supporter for the EITI internationally, Germany started implementing the EITI in 2016 to demonstrate its own commitment to responsible natural resource governance.
