To better support relevant, sustainable and impactful EITI implementation, the EITI Board is introducing a new Validation model. The new approach will maintain the rigour of the Validation process while also accommodating the diverse challenges and priorities of implementing countries. It supports regular oversight of disclosures by multistakeholder groups. It also seeks to engage stakeholders throughout the process and ensure that intended outcomes of EITI implementation are being met.
The 2019 EITI Standard requires EITI implementing countries to disclose all contracts and licenses that are granted or amended from 1 January 2021.
This new requirement is reflective of how contract transparency in the extractive sector has become a global norm in recent years. To date, more than 30 EITI countries have disclosed their contracts. Major companies have signified support, and civil society organisations have stepped up their efforts on this agenda.
This presentation on flexible reporting includes:
Board Decisions in response to the Covid-19 crisis
Find the template Terms of Reference for Independent Administrator services in accordance with the 2019 EITI Standard, endorsed by the EITI Board, below.
It sets out the work to be undertaken by the Independent Administrator. It is typically attached to the contract between the Independent Administrator and the government.
Subsequent to the Board agreement, the Independent Administrator should be encouraged to make recommendations for wider extractive reforms where appropriate and relevant.
This webinar was held on Thursday, 12 September 2019, and emphasized on Beneficial Ownership for the Caribbean EITI implementing countries, keeping in mind that for 2020 all EITI countries must disclose the identity of oil, gas and mining companies that participate in tenders for the award of contracts, operate or invest in extractive projects in their country.
This webinar was held on Tuesday, 10 September 2019, and focused on explaining the changes and clarifications of the 2019 Standard for the Caribbean EITI implementing countries.
Access to the webinar recording can be found here
Below is the presentation used for the webinar.
A set of explainer cards for the 2019 EITI Standard and requirments on commodity trading, contract transparency, enviroment, gender and state owned enterprises.
The International Secretariat has prepared a PowerPoint presentation to help communicate the changes of the 2016 to the 2019 EITI Standard.
Find information collecting data on government revenues from natural resources using IMF's GFS below.
News item on IMF and EITI collaboration (October 2014)