NEWS / PUBLICATIONS
May 26, 2008

NEW FROM RWI: Drilling Down: The Civil Society Guide to Extractive Industry Revenues and the EITI

  Drilling Down
Download: Save and Print the Full Text of Drilling Down (pdf, 1.1MB)

Revenue Watch Institute is pleased to announce the release of its first comprehensive guide to EITI issues and the challenges of extractive industries accounting for civil society readers.

This milestone publication provides step-by-step explanations of each phase of EITI implementation and unpacks the complex technical and strategic issues that activists face at each stage. Using real-world examples and data from multiple countries, Drilling Down illustrates the fundamental issues behind the EITI, including government accounting systems, types of extractive industry contracts, and the different fiscal regimes that control the flow of funds to and from governments.

Produced by Revenue Watch and authored by transparency and extractives industry expert David Goldwyn, Drilling Down is written specifically for civil society readers new to the challenges of extractive revenue management. In addition to the defining EITI concepts and stages of implementation, the book provides recommendations for interpreting an EITI audit and effectively communicating the results, and also explores advanced revenue management issues such as contracts and legal and economic frameworks, areas of vulnerability in accounting, and revenue and expenditure tracking.

To request copies of Drilling Down and learn more about RWI's civil society capacity-building initiatives, please send email to info@revenuewatch.org.

Download: Save and Print the Full Text of Drilling Down (pdf, 1.1MB)

READ MORE ABOUT THE EITI

MEDIA FEED

Iraqis Unite to Restore Minority Representation Law - The New York Times

Oil Contract Scandal Shakes Peru - BBC News (UK)

Kazakhstan Seeks to Balance East and West - The New York Times

Militants 'Free' Nigeria Hostages - BBC News (UK)

East Timor's Wealth: Blessing or Curse? - BBC News (UK)

Trinidad: Monitoring Oil and Gas Resources - Trinidad & Tobago Express

Zambia: A Measure of Hope - The New York Times

South Africa: Poor Feel Curse of Black Gold - Pretoria News (South Africa)/AllAfrica

Risky Toughness: Nigerian Army's Approach Could Unite Militants - The Economist

US Senators Want Iraqi Oil Trust Fund - UPI

Niger Delta: Again, UK Clarifies Position - This Day (Nigeria)

Yar' Adua Challenges EITI on Stolen Oil - Daily Triumph (Nigeria)

China: Lack of Transparency Aids Foreign Policy Aims - Financial Times (UK)

Nigeria: Eight Oil Blocks Illegally Awarded, Says House - This Day (Nigeria)

NEWS & INFORMATION ARCHIVES

2006, 2005

PUBLICATIONS

Eye on EITI
Produced by the Publish What You Pay (PWYP) coalition, Eye on EITI examines progress in the 21 countries who in 2002 endorsed the Extractive Industries Transparency Initiative agreement (EITI).
Download and read the full report ... (pdf)

Downloadable Translations:
Spanish | French | 

Policy Brief: Leaving a Legacy of Transparency in Nigeria
Revenue Watch urges the government of Nigerian President Olusegun Obasanjo to enact revenue transparency reforms, including most notably the Nigerian Extractive Industries Transparency Initiative (EITI) bill...
Read more ... (pdf)