Recent Articles

President Sirleaf's advocacy for natural resource transparency has been an essential element of Liberia's progress.

Joe Bell talks about providing expert advice to governments as they negotiate oil and mining contracts.

Revenue Watch and our colleagues at the Open Society Foundations were deeply saddened by the deaths of photographers Tim Hetherington and Chris Hondros during fighting in Libya. Hetherington's images have helped RWI tell the story of resource wealth and economic struggle with a more human element than commentary or analysis can convey.
As 22 countries in the Extractive Industries Transparency Initiative (EITI) faced a deadline today for completing their national validation processes, the Revenue Watch Institute called for clear and consistent standards in the Initiative's response to the 20 countries whose validation work unfortunately remains incomplete.
NEW YORK—The Revenue Watch Institute congratulates the government of Liberia and national civil society and industry leaders on the country's formal validation this month by the Extractive Industries Transparency Initiative, a global standard for disclosure and responsible management of oil and mineral wealth.
The Revenue Watch Institute applauds the Liberian government for its recent passage of the Liberian Extractive Industries Transparency Initiative Act: the most thorough legislation of its kind in any resource-rich nation. The LEITI Act, which requires that all extractive payments due to the country are verified, accounted for and utilized for the benefit of Liberian citizens, builds on ongoing efforts to promote greater transparency and accountability in Liberia, through disaggregated reporting and the disclosure and review of contracts.
On February 7, 2008, the Revenue Watch Institute brought together African and international experts and policymakers involved in the generation and management of natural resource wealth for a one-day workshop in Dakar, Senegal. The in-depth discussion explored the challenges, opportunities and mechanisms for African countries working to realize greater economic and development benefits from their extractive industries.