In July 2010, the U.S. Congress passed Section 1504 of the Dodd-Frank Act, a measure requiring companies registered with the Securities and Exchange Commission (SEC) to publicly report how much they pay governments for access to oil, gas and minerals.
Learn how NGOs can help to secure government commitments that promote transparency, empower citizens and fight corruption.
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International Financial Reporting Standards (IFRS) as set by the International Accounting Standards Board in London, are the accounting rules that govern and influence much of the financial disclosure by the world's oil, gas and mining industry.
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The Natural Resource Charter is a set of principles to guide governments' and societies' use of natural resources so these economic opportunities result in maximum and sustained returns for a country's citizens.
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Revenue Watch conducts advocacy at all levels of government and in the private sector to encourage better stewardship of natural resources for the public good.
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RWI believes that the transparency and accountability movement will be effective over the long term only if legislatures, which have critical lawmaking and budget oversight responsibilities, are also involved.
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The development of civil society capacity is a mainstay of RWI's work. We provide financial and technical training and support in over 30 countries, as well as training materials, research tools and forums for citizen groups, members of parliaments and government officials.
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Publish What You Pay (PWYP) is a global network of civil society organizations that are united in their call for oil, gas and mining revenues to form the basis for development and improve the lives of ordinary citizens in resource-rich countries.
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While treaties, laws and other legal documents defining the relationship between governments and private companies are public, contracts between governments and oil, gas and mining companies are often shrouded in secrecy.
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Revenue Watch is establishing six regional "knowledge hubs" to offer training and support for civil society organizations, members of parliament and journalists to help them analyze issues linked to oil, gas and mining, and develop robust advocacy campaigns.
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Data is the raw material that powers advocacy. Revenue Watch is creating digital tools to enhance transparency and accountability in natural resource governance.
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Revenue Watch's applied research on key resource management issues helps RWI build its expertise and share it with partners around the world.
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In July 2010, the U.S. Congress passed Section 1504 of the Dodd-Frank Act, a measure requiring companies registered with the Securities and Exchange Commission (SEC) to publicly report how much they pay governments for access to oil, gas and minerals.
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The RWI Resource Center, a tool for knowledge-sharing and transparency advocacy, gives activists, civil society members, government officials, legislators, journalists and students access to hundreds of documents on the management of natural resource wealth.
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Economic diversification is vital to resource rich countries' long-term economic growth. Vibrant and stable economies usually generate a large share of their income in the manufacturing and service sectors.
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Mismanagement of oil, gas and mineral revenues can have enormous costs for citizens of resource rich countries. Revenue Watch works to improve the national management of natural resources through objective research, analysis and advocacy.
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The Extractive Industries Transparency Initiative (EITI) seeks to improve natural resource revenue transparency by requiring that oil, gas and mining companies in participating countries publish what they pay to governments and that governments publish what they receive from companies.
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A pioneering measurement of government disclosure in the management of oil, gas and minerals, the Revenue Watch Index ranks transparency practices in 41 countries among the world's top producers of petroleum, gold, copper and diamonds.
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Revenue Watch provides pro-bono, demand-driven expert advice to citizen groups and government officials seeking to steer their countries toward more transparent, accountable and effective management of oil and mineral resources.
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Learn how NGOs can help to secure government commitments that promote transparency, empower citizens and fight corruption.
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RWI offers support for individuals through annual Petrad Fellowships.
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State-owned companies are major players in the oil and mining sectors in dozens of oil- and mineral-rich countries.
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Good governance requires that citizens have a voice in oil, gas and mining sector decisions and the ability to monitor the actions of public officials and companies.
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International governments are distributing a larger share of the revenues from oil, gas and minerals to state and local governments and, with it, greater responsibility to provide basic public services.
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Along with expert advice to governments, parliamentarians and civil society, RWI provides legal analyses of draft oil and mining laws and of fiscal regimes for managing resource wealth.
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RWI has developed training courses and materials that meet the learning needs of civil society advocates, government officials, journalists and parliamentarians working toward improving the management of oil, gas and minerals.
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An active, knowledgeable press plays a critical role in helping the public and parliaments to engage in governance issues, enabling them to hold government and companies more accountable.
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