BRUSSELS – The push for stronger transparency laws for oil, gas and mining companies is gathering pace. The European Parliament and Council are currently examining potentially groundbreaking legislation that would require all European listed as well as large private oil, gas, mining and logging companies to disclose the payments they make to governments around the world on a project by project basis.
You can also view the press release in PDF format
Bill Gates today threw his weight behind laws that will require oil, gas and mining companies to be more transparent about the payments they make to governments around the world.
“I believe the G20 countries should endorse legally binding transparency requirements,” said Mr. Gates in a report on financing for development delivered at today’s G20 Summit in Cannes, France.
You can also view the press release in PDF format
LONDON/STRASBOURG – Publish What You Pay, the global coalition of civil society groups, welcomes the European Commission’s proposals for EU laws that will require oil, gas, mining and logging companies to be more transparent about the payments they make to governments around the world.
On Tuesday Tearfund, a Christian relief and development agency, handed in 10,000 postcards to the UK Chancellor from supporters calling for the UK Government to tackle corruption through Publish What You Pay legislation in the EU.
View this press release in its original PDF format
WASHINGTON, D.C. — The international civil society coalition Publish What You Pay welcomed today’s U.S. commitment to participate in the Extractive Industries Transparency Initiative (EITI) to increase transparency in oil, mining and gas revenues collected from U.S.
View this press release in its original PDF format
Publish What You Pay Australia is calling on the Australian Government to follow the lead of other countries in our region by committing to the Extractive Industries Transparency Initiative (EITI).
View this press release in PDF
WASHINGTON, D.C.— At a press briefing held today, Publish What You Pay U.S. joined with developing country activists and investors to call on the Securities and Exchange Commission (SEC) to issue final rules to implement a landmark law that will shed light on billions of dollars in payments from oil and mining companies to governments.
Today for the first time, the G8 endorsed mandatory disclosure of extractive industry payments to governments.
Activists Deliver Letter to David Cameron from 200 Ugandans
Ugandan activists have delivered a letter to Prime Minister David Cameron, calling on the UK Government to ‘end the resource curse’ by supporting greater transparency in the oil industry. The letter was organised by the Publish What You Pay Coalition and signed by over 200 civil society activists from Uganda.
The Publish What You Pay coalition strongly welcomes the announcement by the UK Government that it will push for the implementation of oil, gas and mining transparency laws in the EU. If introduced, such laws would require that companies listed in the EU publish what they pay to governments for the extraction of minerals around the world. This will improve revenue transparency, helping to eradicate the corruption that has blighted some mineral rich states and improve the lives of millions of people in the developing world.