Nine Extractive Industries Transparency Initiative (EITI) implementing countries in the Anglophone and Lusophone region of Africa met in Abuja in early November to plan for the implementation of beneficial ownership (BO) disclosures. At the center of the discussion was the painstaking process of planning how to reveal who stands behind oil, gas and mining companies. Ben Mellor, the UK DFID country representative to Nigeria,
Using the EITI to further strengthen government systems is key to impact.
Now that Mongolia has been found to achieve at least satisfactory progress on all EITI requirements the key question on stakeholders’ lips is “Where to go from here?”
The USD 9.3bn in mining, oil and gas revenues collected over 11 years (2006-2016) tells an interesting story.
The EITI inspires a culture of transparency: Does Kazakhstan need to publish standalone EITI reports anymore?
Kazakhstan has implemented the EITI for ten years, and is seen as a flagship for natural resource transparency in the region. EITI reports have significantly enhanced information in the extractive sector, disclosing disaggregated revenue data and data on social investments, local content, production, exports, etc. Most of this information was not available to the public before.
Norway becomes first country to progress from EITI reporting to full systematic disclosure
25 October 2017 - The EITI Board today decided that Norway can proceed with ‘mainstreamed implementation’. The decision followed an application submitted to the EITI Board earlier this year. The Board’s decision means that from now on Norway will publish information about the petroleum sector on www.norskpetroleum.no rather than in an EITI Report.
Training for the multi-stahkeholder group on beneficial ownership and on mainstreaming conducted together with Ernst & Young. The main purpose of the workshop is to kick off the mainstreaming feasibility work supported by the EGPS (World Bank) carried out by Ernst&Young Kazakhstan.
EITI, in collaboration with NRGI, held a two day workshop in Bishkek, Kyrgyz Republic from 8-9 June. The main purpose of the workshop was to kick off the mainstreaming feasibility work supported by the World Bank's EGPS and carried out by Eurasia Foundation of Central Asia (EFCA). The workshop also discussed corrective actions from the first Validation and a recent benchmarking study of NRGI.
The International Secretariat is providing a two-day workshop to th the Armenian EITI multi-stakeholder group. Program see attached below.
Members of the Norwegian multi-stakeholder group met in the margins of the EITI board meeting in Oslo to discuss the government’s recent proposal to mainstream the Norwegian EITI process. The plan is to move from producing reports to making use of existing government and company disclosures.
In practice, a number of EITI implementing countries are already making the information required by the EITI Standard available through government and corporate reporting systems (databases, websites,
Mohamed Said Ould Ahmed, director of research and statistics at Mauritania’s Treasury, and Stephan Eggli & El Hadramy Mohamed Mahmoud, technical advisors at GIZ, on Mauritania’s efforts at mainstreaming EITI reporting.
Government extractive industries revenues present an important challenge in terms of their economic weight, their impact on the national budget and on good governance in public management more generally. In 2014,
As the extractives sector embraces increasing transparency, stakeholders face new challenges related to data proliferation, fragmentation, dispersion, and quality control. Overcoming these challenges is more important than ever to ensure efficiency and strengthen existing systems, avoid duplication, manage expectations, support evidence-based decision-making and build stakeholder trust.