PWYP Consultancy Fund

To further RWI's unflinching support for the advocacy goals of the international Publish What You Pay coalition, RWI established a Consultancy Fund at the Open Society Foundation London to provide financial support for executing the coalition's key advocacy activities on mandatory disclosure of extractive company payments in 2007. The fund is supporting two primary advocacy initiatives: to reform international accounting standards to incorporate disclosure of payments by extractive companies to governments on a country-by-country basis; and to require country-by-country disclosure of payments by listed companies on regulated financial markets in the UK and EU by way of changes to existing regulation and legislative directives. The funds are being used to pay for the services of consultants, researchers and translators to carry out work on behalf of the PWYP coalition under the supervision of the International Coordinator so that the coalition can continue to hire the caliber of experts required and communicate effectively with policymakers and the investor community.