The Board decided that the EITI undertake a targeted effort for SOE transparency and clarify requirements 2.6, 4.5 and 6.2.
Where: 41st Board meeting in Dakar, Senegal.
The Board decided to continue supporting implementing countries and SOEs to systematically disclose information on the sale of the state’s share of oil, gas and minerals, including new countries joining the targeted effort. The Board further decided to continue supporting commodity trading transparency globally through outreach to governments, SOEs and commodity traders, subject to available funding.
The Board committed to clarifying requirement 4.2 based on the findings from the targeted efforts and further consultation with the working group and for the Secretariat to review and present the outcomes of the targeted efforts in a publication and at a high-level event in early 2019.
Based on: Article 12, Articles of Association
- Internal: Board Paper 41-4-B Progress on EITI’s targeted efforts on commodity trading transparency
- Public domain: minutes of the 41st Board meeting in Dakar
Keywords: Commodity trading