São Tomé and Príncipe EITI National Committee’s request for adapted implementation with respect to reconciliation of revenues and disclosure ofcontextual information related to the Nigeria- São Tomé and Príncipe Joint Development Zone (JDZ). Includes the recommendation of the Secretariat.
This paper outlines considerations for how to assess progress in meeting Requirement 2.5 on beneficial ownership in Validation. It reflects input by members of the Implementation Committee and experts from partner organisations providing technical assistance on beneficial ownership transparency. The Implementation Committee recommends that the Board agrees the proposals on (1) the assessment framework, (2) the outlined timing of assessment and (3) a broader review of the Validation process.
Board paper 43-5-B, related to decision 2019-48/BM-43
This paper outlines a framework how to assess progress in meeting the beneficial ownership requirement (2.5) in EITI Validation. The framework seeks to ensure that implementing countries have adequate guidance in preparation for the approaching 1 January 2020 deadline. The framework consists of a technical assessment of meeting the requirements’ components, and an assessment of effectiveness.
In the first stage (until 31 December 2021), Validation will consider a set of initial criteria that would qualify for an assessment of ‘satisfactory progress’ in meeting the requirement.
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.
The Articles of Association are an integral part of the EITI Standard. The Articles were reviewed at the Global EITI Conference in Paris 2019 and adopted by the Members' Meeting on 17 June. The previous version can be found here
The EITI is a non-profit association organised under Norwegian law.
The current summary data template is available here. This is the older version.
This page contains the former version of the Summary Data Template, the EITI’s tool for collecting and publishing structured extractive sector data (an Excel file). It was introduced in 2015, and accompany each EITI Report that has been published by our implementing countries.
Find below the former version of the Summary Data Template, available in English, French, Spanish and Russian.
Where the title is linked you can download the presentation/notes. Download schedule
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.