Government to use EITI to promote transparent and accountable management of oil, gas and mineral resources

The EITI Board today approved Argentina’s application to join the Extractive Industries Transparency Initiative (EITI) at its meeting in Kyiv, Ukraine. Argentina, the third-largest economy in Latin America, becomes the EITI’s 52nd member country.

Country sees joining the EITI as an opportunity to create lasting value from its petroleum resources

The Ugandan cabinet has agreed to give the government the go-ahead to apply to join the Extractive Industries Transparency Initiative (EITI). The decision is part of the country’s ongoing efforts to strengthen accountability in the management of its natural resources and attract investors to develop its oil, gas and mining reserves.

EITI Board to assess proposed changes to the global standard for the good governance of oil, gas and mineral resources on 27-28 February

To date, 38 of the EITI’s 51 members have completed the Validation process, which is the assessment of a country’s performance against the requirements of the 2016 EITI Standard. The process has revealed the need for greater clarity on certain requirements,

After two years of rapid progress by the Armenia EITI Multi-Stakeholder Group (MSG) and national secretariat, the country’s inaugural EITI Report was launched in Yerevan on 30 January. The report is the first comprehensive review of the Armenian mining sector, providing the public with insight into the revenues generated by the country’s extractives sector, as well as information on production volumes, jobs and social spending generated,

The Extractive Industries Transparency Initiative’s (EITI) Board today announced that former Prime Minister of New Zealand Helen Clark is confirmed as the nominee to chair the EITI.

The former Prime Minister will assume her position following the EITI’s Members’ Meeting [1], to be held on 17 June in Paris. Helen Clark will be replacing former Swedish Prime Minister Fredrik Reinfeldt who has served as chair since February 2016.

Conference set to draw 1,000 collective governance supporters and practitioners in a time of rising polarisation.

The Government of France and the EITI today confirmed that the 2019 EITI Global Conference will take place on 18-19 June at the OECD Conference Centre in Paris. The conference will provide an opportunity for heads of state, civil society activists and industry leaders to discuss emerging trends and best practices in the good governance of natural resources.

EITI Board commends country’s recent increased efforts to improve transparency

While recognising the particularly challenging circumstances in which Afghanistan is implementing the EITI, the EITI Board has concluded that Afghanistan has made “inadequate progress” overall in implementing the EITI Standard. In accordance with the Standard, the country is temporarily suspended until it demonstrates meaningful progress in a new Validation assessment.

2018 was an eventful year for both the EITI and the wider extractive governance field. The headlines show that our work is as relevant as ever and goes far beyond promoting transparency. From money laundering scandals beleaguering European banks, to Nobel Peace Prize Laureate Dr. Denis Mukwege’s call for better mineral supply chain due diligence – citizens are demanding more transparency and accountability.

Jonas Moberg led the EITI’s International Secretariat from its inception in 2007 until August 2018. In this exclusive interview with RAWTalks, he shares the lessons he has learned from a decade at the helm of a multi-stakeholder organisation that has grown to 51 member countries, whilst weathering commodity booms and busts. He discusses the impact the EITI has had on resource-rich countries, why beneficial ownership disclosure is key to natural resource management,

Nicolas Maennling leads the economics and policy research at Columbia Center on Sustainable Investment (CCSI), a joint center of Columbia Law School and the Earth Institute at Columbia University dedicated to the study, practice and discussion of sustainable international investment.

We spoke with Nicolas on the sidelines of the EITI's gathering of key partner organisations, dedicated to discussing priorities for strengthening extractive industry governance,