NEWS
December 10, 2008

EITI—Beyond the Basics

  EITI—Beyond the Basics
Download: Save and Print the Full Text of EITI—Beyond the Basics (pdf, 540 KB) | Français (pdf, 315 KB) | Español (pdf, 305 KB) | Arabic (pdf, 14 MB)

Since its launch in 2002, the of the Extractive Industries Transparency Initiative (EITI) has become an important platform for change, helping countries that adopt even its minimum requirements to build greater transparency and accountability. Implementing countries have taken very different approaches to adopting the initiative, allowing each nation to shape its own process according to its needs.

Revenue Watch is proud to introduce our new report, "EITI—Beyond the Basics" (pdf), which examines the best examples from several EITI implementing countries. The EITI was designed for robustness, but also for a flexibility that allows countries to tailor the effort to their circumstances.

Some countries have exceeded the minimum standards, for example by choosing to audit companies as part of their EITI programs, or by extending EITI to encompass companies involved in other sectors than oil, gas, and mining, or by publishing disaggregated EITI reports, which identify the contributions made by each operating company, instead of aggregating that information in reports that do not specify the source of particular payments.

The report was written by veteran EITI advocate Sefton Darby, who has partnered with numerous implementing countries working to determine how best to meet EITI requirements and adapt them to specific national needs. Darby has been part of the EITI journey from its earliest days. Revenue Watch Deputy Director Julie McCarthy explained that "RWI wholeheartedly supports countries going above and beyond the basic requirements of the initiative, recognizing that the EITI's minimum criteria are not an end, but a starting point for improving extractive sector governance."

Download and read the full report ... (pdf)
Downloadable Translations:
Français (pdf, 315 KB) | Español (pdf, 305 KB) | Arabic (pdf, 18MB)

MEDIA FEED

Global Oil and Mining Transparency Initiative Arrives at Key Deadline - Publish What You Pay

Many Countries Failing to Implement Oil and Mining Industry Anti-Corruption Initiative - Oxfam International

Uganda: Pressure Mounts on Government Over Oil - The Monitor

West Africa: Ivory Coast "Battles" Ghana Over Oil - The Chronicle

Ugandan Donors Warn of Aid Cuts, Oil "Curse" - Voice of America News

Ghana: Battle Over Supremacy in Jubilee Field - The Chronicle

Energy Security in Europe: Central Questions - The Economist

IMF Urges Azerbaijan Government to Improve Transparency - Reuters UK

Pricey Real Estate Deals in Dubai Raise Questions about Azerbaijan's President - The Washington Post

Strengthening Governing Capacity in Post-Conflict Liberia - Huffington Post

Uganda: Pressure Mounts to Make Public Oil Agreements - Inter Press Service

BPMigas Reshuffle Aimed at Lifting Oil Output, Especially from Cepu Block - Jakarta Globe

Congo-Kinshasa: Europe Urged to Ban "Conflict Minerals" - Inter Press Service

Lugar and Cardin Praise UK Energy Transparency Initiative - Office of Senator Richard Lugar

Botswana's Former President Says Civil Society is Voice of Individual Citizens - African Development Bank

 

NEWS & INFORMATION ARCHIVES

2006, 2005

PUBLICATIONS

Contracts Confidential: Ending Secret Deals in the Extractive Industries
Contract transparency is sorely needed to improve the management of natural resource wealth. In a new report from RWI, authors Peter Rosenblum and Susan Maples delve into government and private sector objections to contract disclosure and make conclusions about what information may legitimately and reasonably be kept confidential, and how civil society institutions can better confront the challenge of secret deals.
Learn more about the report ...

Drilling Down
This milestone guide from the Revenue Watch Institute provides step-by-step explanations of each phase of EITI implementation and a comprehensive review of extractive industries accounting for civil society readers.
Learn more about Drilling Down ...