As we approach half-way through 2010, it is proving to be as momentous for the EITI as expected. Although most of the 22 first EITI countries did not complete the validation of their EITI processes by their deadlines, eyes are now turned towards those granted short extensions to complete by September.
Dr Peter Eigen, Chair of the Extractive Industries Transparency Initiative (EITI), will visit Liberia, Sierra Leone and Nigeria this week to recognise and encourage the progress being made towards the EITI standard. Like so many in the region, these countries are characterised by violence, corruption and poverty, as well as an abundance of natural resources. This paradox is often called the r
BERLIN, 16 APRIL 2010. The Board of the Extractive Industries Transparency Initiative, the international standard for improved transparency in countries’ natural resource sector, met in Berlin 15-16 April. The Board discussed the request of 17 of the 32 countries currently implementing the EITI to extend their deadline for completing EITI Validation.