Liberia has been in the process of implementing the EITI since 2006. The impacts demonstrate that the benefits of the EITI to the country are extensive. In this case study, Negbalee Warner, Head of the LEITI Secretariat, and Eddie Rich, Deputy Head of the EITI International Secretariat, offer their reflections on the contribution of the EITI process to the creation of sustainable development and post-conflict reconciliation in Liberia.
1) The case for first trade transparency
2) The EITI Standard and first trade disclosures
3) Progress in producing countries
4) Commodity traders’ contribution to transparency
5) Next steps for EITI and first trade transparency
Ensuring transparency in how resource-rich countries sell their oil, gas and minerals goes to the core of the mandate of the Extractive Industries Transparency Initiative (EITI). In total, USD 2.5 trillion has been disclosed by EITI countries since its inception.
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,
EITI implementing countries are finding innovative ways to contribute to gender equality in the governance of their oil, gas and mining resources. This brief identifies how gender relates to the EITI mission.
The EITI contributes to gender equality by:Improving governance of the extractive sector and mobilising revenuesPromoting equal and meaningful participation of women and men in the management of the sectorFostering dialogue and improving access to data on the sector.
- Governance Challenges and the Role of International Reporting Standards in Improving Performance
State-owned enterprises (SOEs) can be described as business-oriented majority government-owned institutions that sell goods or services or manage state equity and keep their own balance sheets. More than 146 of these enterprises have been established in the upstream oil, gas or mineral sectors, with almost a third focused primarily on mining. They often play important,
The EITI International Secretariat has performed the following assessment of routine online disclosures in Mongolia’s extractive sector to examine the country’s readiness to mainstream EITI implementation. The assessment follows the Terms of Reference for a mainstreaming feasibility study and reviews the extent to which there is:
(1) routine disclosure of the data required by the EITI Standard in requisite detail, and(2) whether the financial data is subject to credible, independent audit, applying international standards.
The EITI encourages implementing countries to publish contracts and license agreements governing oil, gas and mining operations. To this end, the paper brings together findings from implementing countries on the contract transparency requirements of the EITI Standard as documented during Validation.
This document recaps some of the stakeholder views gathered during Validation on the benefits and challenges with contract disclosure.
Artisanal and small-scale mining (ASM) in EITI countries
Artisanal and small-scale mining (ASM) is largely an informal sector with limited available information on production, revenues, operations and even location of activities. Regulation of the sector is often inadequate and its real contribution to national economy is difficult to estimate. Estimates of employment numbers and production levels in the ASM sector vary but show that it plays a significant role, particularly in the development mineral sector.