US Senate Committee approves Act that urges US to implement EITI

On 27 April the United States Senate Foreign Relations Committee approved the Foreign Relations Authorization Act, which included policy language on extractive industry transparency. The relevant text of the Act stating the Sense of Congress relating to transparency for extractive industries is pasted below. The bill will now be referred to the Senate floor for consideration.

SEC. 408. SENSE OF CONGRESS RELATING TO TRANSPARENCY FOR EXTRACTIVE INDUSTRIES.

US lawmakers name EITI as model for addressing resource revenue challenges

<p>The US Commission on Security and Cooperation in Europe (US Helsinki Commission) said 22 April that the Extractive Industries Transparency Initiative (EITI) is a model for addressing the challenges seen when governments receive a windfall of revenue from their resources but fail to pass that benefit to their citizens. At the Commission’s hearing 22 April the link between revenue transparency and human rights was explored.</p> <p>Senator Benjamin Lugar Cardin (D-MD),

US Leadership for Energy Security? The Case of Equatorial Guinea

Friday May 21, 2010 12:30-2:00pm

Alfredo Okenve NdoCo-Founder and Secretary-General of the Centro de Estudios e Iniciativas para el Desarrollo; Representative on the National Commission Extractive Industries Transparency Initiative

Simon TaylorFounding Director, Global Witness – International NGO co-nominated for the Nobel Peace Prize for work on conflict diamonds, founding member of Publish What You Pay coalition and EITI

Briefing in Washington DC: “EITI at the Crossroads”

Moberg will discuss the current status and future of this voluntary initiative. His remarks will be followed by comments from Paulo de Sa  Manager, Oil, Gas and Mining Policy Division.  The World Bank provides funds and technical assistance to some of the countries implementing EITI.

The Extractive Industry Transparency Initiative (EITI) aims to increase the transparency of payment made by the oil,

Hearing: The Link between Revenue Transparency and Human Rights, Commission on Security and Cooperation in Europe

This hearing will focus on programs that support revenue transparency such as the Extractive Industries Transparency Initiative (EITI) and their ability to improve human rights in resource-rich countries.  One of the hallmarks of EITI is the equal seat that civil society is given at the table with government and industry through the multi-stakeholder working group.  Questions remain, however, as to the real role civil society is being allowed to play,

US Senators preparing bill to improve transparency of resource revenues

At the 1st session of the US Senate Foreign Relations Committee, Senator Richard Lugar (R-IN) stated that he is preparing to introduce legislation to include US implementation of the EITI with bipartisan co-sponsors, including Senator Cardin (D-MD). Robert Hormats, the nominee for Under Secretary of State for Economic, Energy, and Agricultural Affairs, called the EITI “one of the very, very innovative and very important developments that's taken place over the last several years”.

Liberia is making progress in fighting corruption, US Secretary of State says

US Secretary of State Hillary Clinton said on her visit to Liberia that President Sirleaf's administration is taking action to increase transparency with a strong Anti-Corruption Commission at the center of efforts to rebuild from years of civil war.

"Today, Liberia is a model of successful transition from conflict to post-conflict, from lawlessness to democracy, from despair to hope," said Hillary Clinton. "In the last three years, the people of this country have been working to promote reform,

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