For the following 9 countries, the Board has asked for additional information by the end of 2007 before a decision about their candidate status can be considered: Chad, Democratic Republic of Congo, Equatorial Guinea, Madagascar, Republic of Congo, Sao Tome and Principe, Sierra Leone, Trinidad and Tobago, and Timor-Leste.
WASHINGTON DC AND OSLO, 13 APRIL 2008. The Extractive Industries Transparency Initiative (EITI), the global coalition for transparency in the extractive industries, supports the World Bank’s effort to extend transparency in this sector beyond revenues through its new extractive industries initiative.
[img_assist|nid=348|desc=|link=none|align=right|width=150|height=142]On Monday 29 April Transparency International launched its report Promoting Revenue Transparency – 2008 Report on Revenue Transparency of Oil and Gas Companies
The report is the result of an evaluation of 42 leading oil and gas companies operating in 21 countries on their current policies,
PRESS RELEASE [img_assist|nid=362|title=|desc=|link=url|url=http://eitransparency.org/document/businessguide|align=right|width=106|height=150]HOUSTON AND OSLO, 12 MAY 2008. Monday Peter Eigen, Chair of the EITI (Extractive Industries Transparency Initiative) and founder of Transparency International, launched a new guide for how companies can play a integral role in helping create transparency in the extractive sector. Together with Rich Kruger, President of ExxonMobil Production Company,
7 May 2008 the EITI Board welcomed Côte d'Ivoire as an EITI Candidate Country and is now among the 23 countries in Africa, Asia, Middle East and Latin America that are underway in implementing this standard for transparency in the extractive industries. It now has two years to become compliant with the EITI Criteria and undergo validation
The Asian Development Bank has formally endorsed the Extractive Industries Transparency Initiative. EITI Chairman Dr Peter Eigen welcomed this announcement: "The ADB joins a growing coalition of countries, organizations, companies and investors committed to promoting resource revenue transparency, and with a shared goal of ensuring that exploitation of natural resources fosters economic growth and reduces poverty.
[img_assist|nid=457|title=|desc=|link=none|align=right|width=150|height=94]The Swedish Government announced today their support of the Extractive Industry Transparency Initiative (EITI). State Secretary Mr Gunnar Wieslander announced the Swedish support of the initiative at a meeting with Dr Peter Eigen, Chairman of the EITI, and Swedish companies that operate in the extractive sector.
[img_assist|nid=362|desc=|link=none|align=right|width=106|height=150]At an event in London hosted by BP, Peter Eigen, Chair of the EITI and founder of Transparency International, launched a new guide for how companies can play an integral role in helping create transparency in the extractive sector. The new EITI Business Guide, a joint publication of the EITI and the International Business Leaders Forum, outlines how business can support the implementation of the EITI.
[img_assist|nid=391|title=|desc=|link=none|align=right|width=150|height=49]The Africa Progress Panel, an independent mechanism that monitors implementation of commitments and report on progress in Africa, recently launched its 2008 report In the report, the panelists (including Kofi Annan, Tony Blair, Bob Geldof and Muhammad Yunus) conclude that together with the APRM,