Overview of proposed changes to the 2016 EITI Standard

Gender

1.4 - MSG governance

6.3 - Contribution to the economy

7.1 - Public debate

• Encouraging MSGs to consider gender balance in representation;

• encouraging disclosure of employment figures by project, role and gender;

• and encouraging gender considerations in dissemination of EITI data.
  
  IC paper pp. 4-5 and 15

State-owned enterprises (SOEs)

2.6 - State participation

4.5 - Transactions related to state-owned enterprises

6.2 - Quasi-fiscal expenditures

• Clarifications to definition of SOEs and quasi-fiscal expenditures, coverage of transfers related to joint ventures and subsidiaries, and loan details to be disclosed;

• expecting SOEs to disclose financial statements;

• and encouraging further disclosures on operations and governance.
  
  IC paper pp.5-6

Licensing transparency

2.2 - License allocations

• Clarification that Requirement 2.2 covers contracts and license allocations and encouraged strengthened disclosures
  
  IC paper pp.6-7

Contract transparency

2.1 - Legal framework

2.4 - Contract disclosure

• Clarifications for fiscal regime to cover the types of contracts, and what constitutes a ‘policy’ on contract disclosure.

• Further options for 2.4.a.:

  • Requiring contracts to be made public with deadline for implementation

  • Requiring contracts signed after a deadline to be made public

  • Moving towards an expectation that contracts should be made public

  • No change to Requirement 2.4.a ahead of the Global Conference 
    
    Annex A

Production and export data

3.2 - Production

3.3 - Exports

• Encouraging disclosures of production and exports by company and project
  
  IC paper p.8-9

Systematic disclosures

4.1 - Comprehensive disclosure of taxes and revenues

4.9 - Data quality and assurance

• Shifting emphasis to comprehensive and reliable disclosures by reporting entities rather than reconciliation
  
   

  IC paper pp.9-11

  and

  Annex B

Commodity trading

4.2 - Sale of the state’s share of production or other revenues collected in kind

• Clarifying the scope of the requirement;

• encouraging disclosures of buyer selection;

• encouraging disclosures by buying companies.
  
   

  IC paper pp. 11-13

  and

  Annex C

Project-level reporting

4.7 - Level of disaggregation

• Aligning the definition of project with the definition in the EU Accounting and Transparency directives and approach in EITI guidance 
  
   

  IC paper pp. 13

  and

  Annex D

Subnational transfers

5.2 - Subnational transfers

• Encouraging further disclosures of management of subnational transfers
  
  IC paper p.13

Environmental reporting 

6.1 - Social expenditures by extractive companies

• Proposals yet to be agreed:

  • Revising Requirement 6.1 to cover environmental expenditures

  • Encouraging disclosures of contextual information related to   environmental monitoring

  • Encouraging links to existing disclosures on climate risks 

  • No changes to the EITI Requirements, scaling up guidance and support

    IC paper pp.14-15

    and

    Annex E

Open data efforts

7.1 - Public debate 

7.2 - Data accessibility

• Clarification of distinction between requirements on public debate and open data;

• clarification on requirement to disclose standardised EITI summary data
  
  IC paper pp.15-16

Impact and outcomes from EITI implementation

7.3 - Discrepancies and recommendations from EITI Reports

7.4 - Review the outcomes and impact of EITI implementation

• Encouraging MSGs to consider recommendations in EITI reporting;

• providing more flexibility for how MSGs choose to assess progress 
  
  IC paper pp.16-18

Consequences related to compliance and deadlines for implementing countries

8.3.c.i on consequences for non-compliance with Requirements related to stakeholder engagement

• Clarification that implementing countries must achieve meaningful progress or beyond on stakeholder engagement to avoid suspension;

• adding a category for ‘outstanding’ progress;

• clarification that suspension is temporary.
  
  IC paper pp.18-20