The Extractive Industries Transparency Initiative (EITI) requires its 52 implementing countries to disclose beneficial ownership information by 1 January 2020. Since the requirement was agreed by the EITI Board in 2016, several governments have introduced reforms. There have been varying degrees of progress given the different political contexts, government systems and levels of capacity. However, considerable progress has been made in developing legal frameworks, increasing awareness among stakeholders,
This EITI Report was issued in December 2018 and covers the 2017 fiscal year. It is the Philippines's fifth EITI Report.
The Annual Progress Report provides an overview of all EITI Philippines's activities from July 2017 to June 2018.
This EITI Report was issued in December 2017 and covers 2015 and 2016 fiscal years. It is the Philippines's fourth EITI Report.
The Board concluded that the Philippines has made satisfactory progress overall in implementing the EITI Standard.
Description: See here PDF attached below
The Philippines' Validation commenced on 1 January 2017. On 5 October 2017, the EITI Board found that the Philippines has made satisfactory progress in implementing the 2016 EITI Standard.
The following documentation laid the basis for the Board's decision, attached below:
Report on the Initial data collection by the International Secretariat (English, French)Draft Validation Report by the independent Validator ASI (English)Philippines EITI multi-stakeholder group's comments on the draft Validation Report and initial data collection (English)Final Validation Report (Eng
The 38th Board meeting took place from 25-26 October in Manila, the Phillipines.
Agenda and minutes can be found in PDF format below.
This Validation has been completed.The Philippines was found to have made satisfactory progress.
Board decision: 5 October 2017
Validation commenced on 1 January 2017.
Country visit: 20-24 February 2017
Secretariat initial assessment was completed on 18 May 2017.
The draft Validation report was circulated to the MSG on 26 June 2017, with a deadline for comments of 18 July 2017.
The Validation report was issued on 11 August 2017.