The Board agreed on the framework and timing for assessing Requirement 2.5 on beneficial ownership, and on a broader review of the Validation process.
Where: 43rd Board meeting in Paris, France
Description: the Board agreed to the following:
A framework for validating Requirement 2.5 that consists of a technical assessment of meeting the requirements and an assessment of effectiveness. Validations in the first stage (until 31 December 2021) consider a set of initial criteria that would qualify for an assessment of ‘satisfactory progress’ in meeting the requirement.
This is the Albania EITI 2018 Annual Progress Report (in accordance with Requirements 7.4 and 8.4).
The 43rd Board meeting 17 June in Paris, France. See more on our event page
Agenda in English and in French (see below).
Minutes in English and in French (see below).
Decisions taken at the Board meeting: see eiti.org/board-decisions, decisions including BM-43 in the reference number were taken in Paris (Board meeting 43).
Pictures of the Board meeting on (flickr to follow).
Find an overview of all Board meetings here
This is the Nigeria EITI 2018 Annual Progress Report
The Board expressed its concern about the weakening of government engagement and MSG oversight in Liberia. Following a review in accordance with Requirement 8.6, the Board found that Liberia has made inadequate progress in implementing requirements related to government engagement (1.1), the multi-stakeholder group (1.4) and the work plan (1.5). Progress in implementing Requirement 1.3 on civil society engagement and Requirement 1.2 on company engagement is considered meaningful.
The Board acknowledged the adoption of the 2019 EITI Standard to be launched at the EITI Global Conference in Paris on 18-19 June.
Where: 42st Board meeting in Kyiv, Ukraine
Description: the Board acknowledges the adoption of the 2019 EITI Standard to be launched at the EITI Global Conference in Paris on 18-19 June.
Based on: Article 12, Articles of Association
The Progress Report is the EITI’s annual overview of the progress to improve transparency and governance of natural resources in the EITI countries around the world. The 2019 Progress Report is also available as a web version
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.
The 2019 EITI Standard was adopted on 17 June at the Paris Global Conference.