Australia has committed more than $20 million to support EITI since 2007. This includes support to the EITI International Secretariat and support through global and multi-country investments.
Australia’s current support for EITI implementation is largely provided through the Extractives Global Programmatic Support (EGPS)– a multi-donor trust fund managed by the World Bank. Australia is the largest donor to this fund, contributing AUD13.6 million (2015-2020, http://www.worldbank.org/en/programs/egps ). Australia has also been a supporter of the IMF’s Managing Natural Resource Wealth (MNRW) Trust Fund, contributing $5 million (2011-2017, http://www.imf.org). A further AUD 2.35 million has been contributed to Phase 2 (2017-2022).
Australia is directly supporting EITI implementation in Indonesia (including the regional knowledge hub), Myanmar and Mongolia through the Natural Resource Governance Institute (AUD2.5 million, 2015-17, http://www.resourcegovernance.org).
Australia is a strong supporter of the EITI International Secretariat and is an active member of supporting countries sub-constituency and an observer at EITI Board meetings. Australia is contributing AUD 1.05 million (2017-2020) in core funding to the EITI International Secretariat.
In 2013, Australia hosted the 6th EITI Global Conference.
Other extractive assistance is provided through Australian Awards and small bilateral grants.
Australia’s International EITI Engagement: Cherie Lambert, DFAT Cherie.Lambert@dfat.gov.au
Australia’s EITI Secretariat: Kristina Anastasi, Department of Industry, Innovation and Science - EITI Australia (EITI@industry.gov.au)
Australia’s EITI Secretariat: https://industry.gov.au/resource/Programs/ExtractiveIndustriesTransparencyInitiative
On 6 May 2016, the Australian Government announced it would implement the fiscal transparency principles of the EITI. The decision to implement the EITI follows a pilot program conducted between 2011 and 2014. Further details on Australia’s pilot and implementation of EITI are available from https://industry.gov.au/resource/Programs/ExtractiveIndustriesTransparencyInitiative
Australia’s Extractive Assistance: