Preparing for the energy transition: Key questions for countries dependent on oil, gas and mining

Published Date: 
October, 2021

The energy transition is a global shift away from fossil fuels to renewable sources of energy, contributing to the wider transition to a decarbonised economy by mid-century. It is underpinned by a collective global commitment to keep global warming below 2˚C in line with the Paris Agreement and nationally determined contributions (NDCs).

The global shift envisaged through the transition will require a transformation of the extractive industries and will expose producer countries to new risks and opportunities. As global consumption of fossil fuels declines,

Subsidies at what cost? Shedding light on state support for fossil fuel consumption

Published Date: 
March, 2021

Many governments subsidise the production and consumption of fossil fuels in their domestic markets. Subsidies can take the form of direct or indirect financial contributions by a government to fossil fuel companies. They support the cost of production of oil, natural gas or coal, reducing the prices paid for these commodities by domestic consumers.  

The scale of subsidies is substantial. According to the IMF, fossil fuel subsidies amounted to an estimated 

The case for contract transparency

Published Date: 
February, 2021

Contracts, licenses and associated agreements are important elements of a country’s legal framework. They explain the rights and obligations of all parties involved in the exploration and production of oil, gas and minerals.  

By shedding light on the rules and terms that govern extractives projects, contract transparency can help curb corruption and empower citizens to assess whether they are getting a good deal for their resources. Publication of contracts gives visibility on how much revenue is expected to flow to national and subnational governments.

EITI Board oversight of EITI implementation

Published Date: 
January, 2021

Section 4 of the EITI Standard 2019

This section outlines the procedures and criteria that the EITI Board uses in overseeing and validating EITI implementation. This includes the time frames established by the EITI Board for publication of EITI data and oversight of the Validation process.

Article 1 – Adapted implementationArticle 2 – Disclosure and reporting deadlinesArticle 3 – Initial Validation deadlineArticle 4 – EITI Validation processA. Assessment of each EITI RequirementB.

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Reporting guidelines for companies buying oil, gas and minerals from governments

Published Date: 
September, 2020

These reporting guidelines are for use by companies buying oil, gas and minerals from governments to inform their disclosures on payments to governments in their own company reports. They aim to ensure the consistent disclosure of payments to the state or state-owned enterprises (SOEs) where:

Oil, gas or minerals are being sold on behalf of the state,EITI requirements are applicable and relevant, orThere is commitment to transparency in commodity sales.

Contract transparency and clarifications to Requirement 2.4

Published Date: 
August, 2020

This paper aims to provide the EITI International Board with updates on country progress and challenges encountered in contract disclosure in EITI implementing countries. It also discusses ambiguities raised by constituencies in the interpretation of Requirement 2.4 and provides considerations on how to assess Requirement 2.4 in Validation. This recommendations was shared with the Board for decision by circular and approved as of 11 September 2020.

EITI 2019-2020 Outreach Strategy

Published Date: 
September, 2019

This document proposes the objectives of the strategy, as well as the criteria and strategic approaches that the EITI should use to guide its outreach priorities. In light of these, it proposes outreach priorities for the EITI – including a ramping up of our engagement with state-owned enterprises, financial institutions and southern-based multi-national corporations – and the corresponding resource implications. Finally, it includes a brief background section for the benefit of new Board members, outlining the EITI’s outreach efforts to date and other considerations.

EITI Policy on voicing concerns

Published Date: 
October, 2019

The EITI Board agreed the EITI Policy on voicing concerns at its meeting in Addis Ababa on 17 October 2019 (Board paper 45-6-A).

EITI Policy on voicing concerns

The procedures for voicing concerns to the EITI are open to all stakeholders and accessible. Stakeholders with a concern should first raise it to the attention of the immediate EITI body (national multi-stakeholder group, EITI constituency, etc.). If this is not appropriate or if the concern remains,

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