2008 is going to be an exciting year for EITI. The first full year of the international Secretariat, a host of implementing countries, the first validations, and a Conference. Furthermore, the resource curse is subjet de jour of researchers, journalists, commentators and activists. But these fashions change notoriously quickly – especially if we are no longer seen as relevant to the main development issues. How will the EITI shape and be shaped by these big policy debates? Below I list the 10 big i
[img_assist|nid=361|title=|desc=|link=node|align=right|width=133|height=150]By T. Negbalee Warner Head of Secretariat, LEITI
Liberia has been one of the most cursed of all resource-rich countries. Despite an abundance of iron ore, diamonds, gold, timber and rubber, Liberia was for fourteen years ravaged by a horrific civil war that disintegrated the nation and brought it near the bottom of the UN's Human Development Index,
By Susan Aaronson, Associate Research Professor of International Affairs, George Washington University.
The resource curse has stymied development in numerous oil-rich economies. This column uses World Bank and UNCTAD data from 2006 to describe how the Extractive Industries Transparency Initiative might help business, government, civil society and citizens alleviate the curse.
By Sefton Darby, Director of S.E.B. Strategy Ltd
With the 4th international EITI conference almost upon us it is perhaps worth doing a little advanced thinking about the kind of issues which the global "EITI community" will need to address in the 2 years that follow the conference. At the Lancaster House conference in 2003 a two-fold agenda was set: to broaden what was then a very small group of stakeholders into an international movement;
The EITI Secretariat has been buzzing with activity in recent weeks as preparations for the 4th EITI International Conference in Doha are in full swing. Stakeholders from around the world have been sending in their contributions for the range of publications that will be launched during the conference, including the EITI Progress Report 2007-2009. Interest in the conference has been high, with Heads of State and many ministers from supporting,
The EITI's International Conference in Doha is an important forum for leaders from governments, companies and civil society organisations to come together and exchange ideas and experiences. The list of leaders coming to the conference highlights the broad range of support for the EITI and the key role it can play in improving transparency and promoting good governance in the extractives industry. Industry leaders such as Jeroen van der Veer, CEO, Royal Dutch Shell; Peter Robertson, vice-Chairman,
A growing number of parlamentarians around the globe are recognising the need for increased transparency and that legislative action can play an important role towards that end. Parlamentarians have already played an instrumental role in calling for and mandating the EITI standard in many countries.
In countries such as Kazakhstan, Mauritania, Nigeria and Yemen legislators hold seats in the the national EITI Multi-stakeholder group.
Most minerals have seen a decline in market prices of 40-50% in recent months as the global economic slowdown reduces demand from industry. One could ask, "Does the quest for more transparency help to mitigate the negative effects of this collapse?"
In times of depressed commodity prices revenues from extractive industry are reduced, putting pressure on government finances as well as extractives operators. As financial resources become more scarce,
Anthony Richter, member of the EITI Board and blogger, reflects in this blog post on what will happen beyond Validation and on the potential of EITI to create broader change. His reflections follows from hearing World Bank Vice President Oby Ezekwesili's address to the EITI Board meeting in Washington. Anthony writes:
By Graham Baxter, Director, Responsible Business Solutions, International Business Leaders Forum
I was there at the start, Johannesburg 2002, although I have to admit I was a bit busy promoting BP's Solar business in the Ubuntu Village tent to spare much time for the launch by the UK Prime Minster, Tony Blair, of the Extractive Industries Transparency Initiative. When I was asked to take on BP's corporate responsibility role the next year,