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) | Français (pdf, 1.2MB) | Español (pdf, 2MB) | Portuguese (pdf, 1.1MB) | Russian (pdf, 1.4MB)

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)

Downloadable Translations:
Français (pdf, 1.2MB) | Español (pdf, 2MB) | Portuguese (pdf, 1.1MB) | Russian (pdf, 1.4MB)

READ MORE ABOUT THE EITI

MEDIA FEED

Nigeria Anambra State Election "Gravely Flawed" - BBC

Corruption Is the Killer that We All Ignore - Times Online (UK)

Freedom of Information Laws Struggle to Take Hold in Africa - Committee to Protect Journalists

Economics Focus: Diversity Training - The Economist

Ghana: Slow Progress on Oil Policy - IRIN

Norway's Pension Fund: Passive Aggressive - The Economist

Group Faults Implementation of Rivers 2009 Budget - The Punch

Ecuador's President Correa Faces Off With Indigenous and Social Movements - North American Congress on Latin America

DRC's Magic Dust: Who Benefits? - Pambazuka News

Sudan Oil Deal Leaves Locals Short-Changed - Financial Times

Joint Senate Committee Concludes Report on Petroleum Bill - Daily Trust (Nigeria)

Uganda: U.S.$1.5 Billion Oil Buyout Endorsed - The New Vision

Bankers Try to Fight Off Wave of Controls at Davos - Financial Times

Pertamina Believes Transparency Will Attract Investors, Allay Public Concerns - Jakarta Globe

Ghana: Wild Expectations Remain a Big Challenge for Country's Oil - Public Agenda

 

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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.
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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 ...