New Report Says Companies Have a Long Way to Go on Transparency
A survey of leading oil and gas companies shows that the majority are far from transparent in their payments to resource-rich countries. The report, from Transparency International and Revenue Watch, evaluates levels of revenue transparency and suggests areas for improvement, including the need for regulation and for country-by-country reporting. Read more and hear audio commentary ...PERU: Network of NGOs Releases Report on Extractives Data, Sub-National Capacity
In its seventh extractive industries report, Revenue Watch partner and grantee Grupo Propuesta Ciudadana compiles and analyzes 2007 data from Peru's mining, oil and gas sectors, and policy issues including the capacity of sub-national governments to effectively use resource revenues. Read more ...World Bank Transparency Effort Offers Promise, but Faces Legacy of Mistrust in Resource-Rich Nations
Revenue Watch welcomed the World Bank's new "EITI++" campaign to help countries harness the current commodities boom. The plan offers support to extend EITI principles across the full "value chain," but RWI warned the Bank that it will take constructive engagement with governments and activists to overcome a legacy of mistrust. Read more ...
IRAQ: On Eve of Petraeus Testimony, Expert Cites Iraq's Urgent Need for Political Power-Sharing and Swift Action on Oil Legislation
Yahia Said warned that ending the deadlock over oil legislation, and a fair election process, are the keys to unlocking Iraq's development potential. "The U.S. military surge was meant to create an environment for political dialogue," said Mr. Said, "but the political process seems to be heading in the opposite direction." Read more ...East African Legislators Adopt Recommendations for Extractive Industries Oversight
In a unified effort to reduce conflict and corruption, lawmakers have drafted a plan to review laws and contracts, strengthen parliamentary oversight and foster East African Community cooperation on the management of oil and mineral resources. The resolution, created at a meeting sponsored by Revenue Watch and other groups, also asks EAC members to consider joining the EITI. Read more ...Publish What You Pay Nigeria Demands Justice for Arrested Film Crew
Iraq and the EITI: An Encouraging Step for Development
KAZAKHSTAN: Coalition Assesses Country's First EITI Report
SOUTH AFRICA: Revenue Watch Comments on Draft Royalty Bill
RWI CONFERENCE: Economists and African Leaders Gather in Senegal
JOBS
Capacity Advancement Fellowships
Open to civil society activists from Ecuador and Uganda, this RWI program seeks to accelerate civil society's role promoting better management of extractive resources. Fellows will investigate international best practices and the current role of NGOs.
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Open to civil society activists from Ecuador and Uganda, this RWI program seeks to accelerate civil society's role promoting better management of extractive resources. Fellows will investigate international best practices and the current role of NGOs.
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Web Consultant
Revenue Watch and EurasiaNet are seeking a consultant experienced in online publishing to help with production and maintenance of the RWI and EurasiaNet web sites. Some familiarity with Russian or Arabic is preferred.
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Revenue Watch and EurasiaNet are seeking a consultant experienced in online publishing to help with production and maintenance of the RWI and EurasiaNet web sites. Some familiarity with Russian or Arabic is preferred.
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PROJECTS
Extractive Industries Transparency Initiative (EITI)
Revenue Watch has worked to develop and implement a strategy for transforming EITI from a UK-based initiative to an international effort based in Norway. Our recent support for EITI implementation has included visits and ongoing outreach in Ecuador, Bolivia, Peru, Trinidad and Tobago, Indonesia, Malaysia, Iraq, Yemen, Sierra Leone and South Africa, among other countries.
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Revenue Watch has worked to develop and implement a strategy for transforming EITI from a UK-based initiative to an international effort based in Norway. Our recent support for EITI implementation has included visits and ongoing outreach in Ecuador, Bolivia, Peru, Trinidad and Tobago, Indonesia, Malaysia, Iraq, Yemen, Sierra Leone and South Africa, among other countries.
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COUNTRIES
Iraq
Iraq, a nation of 25 million people, holds the second largest oil reserves in the world. But the pervasive violence, mismanagement and abuse of recent years have denied its people any lasting benefits from this wealth.
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Iraq, a nation of 25 million people, holds the second largest oil reserves in the world. But the pervasive violence, mismanagement and abuse of recent years have denied its people any lasting benefits from this wealth.
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Democratic Republic of Congo
Though management of public finances is improving in DRC's post-war climate, and some progress has been made on both the Extractive Industries Transparency Initiative (EITI), and improved transparency for mining contracts, the failure to open government revenues and spending to public scrutiny undermines the growth of a transparent and accountable mineral sector.
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Though management of public finances is improving in DRC's post-war climate, and some progress has been made on both the Extractive Industries Transparency Initiative (EITI), and improved transparency for mining contracts, the failure to open government revenues and spending to public scrutiny undermines the growth of a transparent and accountable mineral sector.
Read more ...