The Annual Progress Report provides an overview of all EITI Solomon Islands' activities during 2016.
The Solomon Islands is heavily dependent on income from primary resource exports, which have been central to the country’s development aspirations and its associated challenges (World Bank, 2013). Resource related grievance is cited as the main explanations for the destabilising civil war (“the Tensions”) that divided the country between 1998 and 2003. Mining at Gold Ridge, until recently the only producing mine in the country, was suspended in April 2014. Gold Ridge has been cited as both a cause and a target of the conflict that took place at the mine site and in Guadalcanal during the uprising. With this background, how the mining sector develops and is managed is not only sensitive, but critical to sustainable development outcomes in the country.
Solomon Islands produced a beneficial ownership roadmap in December 2016. Among its key features are the creation of a central data base that will host all data on beneficial owners of mining companies, and the proposal to require companies to include the names of their beneficial owners in the reports they file with regulatory agencies.
This EITI Report covers Solomon Islands' extractive sector in 2015. It was published in May 2017.
Solomon Islands' Validation commenced on 1 July 2016. On March 8 2017, the EITI Board found that Solomon Islands have made inadequate progress in implementing the 2016 EITI Standard.
The following documentation laid the basis for the Board's decision, attached below:
This EITI Report covers Solomon Islands' extractive sector in 2014. It was published in September 2015.
This is the Solomon Islands EITI 2014 Annual Progress Report (in accordance with Requirements 7.4 and 8.4).
This is the Solomon Islands EITI 2015 work plan (in accordance with Requirement 1.5).