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,
Related to the 2019 Global Conference
The EITI Board suspended Togo on 1 February 2019 for missing the deadline for the 2017 annual progress report. The Board agreed that “the suspension will be lifted if the EITI Board is satisfied that Togo has published its 2017 annual progress report." The Secretariat can confirm that Togo published this report (available here) on 22 February 2019. Thus, the condition for lifting its suspension has been met.
Based on: EITI Requirement 8.6 on suspension
Description: The Board approved of the refinements of the 2013 Standard and adopted it in its new form as the 2016 EITI Standard.
Where: 32nd Board meeting in Lima, Peru
Based on: Article 12, Articles of Association
The Board agreed that Marième Diawara Thiaw, Permanent Secretary/Coordinator, EITI Secretariat, Senegal, is to succeed Mankeur Ndiaye, Chair of the EITI Senegal National Committee, from the constituency of implementing countries as alternate Board member with immediate effect until the renewed nomations at the Global Conference in Paris in June.
Where: 42nd Board meeting in Kyiv
Based on: Article 5, Articles of Association
Public domain: EITI Board members
The Board agreed that Norway has made satisfactory progress overall with implementing the EITI Standard.
Description: see below for the decision in full and PDF attached.
Where: 42nd Board meeting in Kyiv
Internal: Board Paper 42-5 Public domain:Norway second Validation 2018News item on the decision: EITI countries progress on path to transparent and accountable extractive sectors
The Board adopted criteria to consider developments and information disclosed after the commencement of Validation.
The Board decided that it will exercise its discretion to consider developments and information disclosed after the commencement of Validation where the following four criteria are met:
Multi-stakeholder group support: The proposal to consider developments and information disclosed after the commencement of Validation has the support of the multi-stakeholder group. Specific and verifiable: The information is specific, detailed, substantiated and clearly sourced, and can be quickly and independently verified. Non-specific information,
The EITI admitted Argentina as an EITI candidate country on 27 February 2019. In accordance with the EITI Standard, Argentina is required to publish its first EITI Report within 18 months of becoming a candidate (i.e., 27 August 2020). Argentina is required to publish an annual progress report for 2019 by 1 July 2020. Validation will commence on date of Board decision on 27 August 2021.
The Board agreed that Suriname is ineligible for an extension for publishing its first EITI Report and is suspended effective 26.02.2019.
In accordance with the EITI Standard, the suspension will be lifted if the EITI Board is satisfied that the outstanding EITI Report is published within six months of the deadline (i.e. by 24 May 2019). If the outstanding EITI Report is not published by 24 May 2019, the suspension will remain in force until the EITI Board is satisfied that the country has met requirement 4.8 (i.e.,
The EITI Board concluded that the Sao Tome and Principe is not eligible for an extension request for the publication of the 2016 EITI Report and the 2017 Annual Progress Report, which were due by 31 December 2018. The delayed 2016 EITI Report was published on 22 February and the 2017 Annual Progress Report on 25 February 2019 and the suspension was not enforced, in accordance with previous practice.
Internal: Board circular 266