Philippines
EITI Candidate

Bantay Kita-PWYP Philippines was formed in 2009 and joined Publish What You Pay as an affiliated coalition in 2013. The coalition supports the implementation of EITI and carries out capacity building to enhance the participation of various stakeholders in the initiative. BK-PWYP Philippines has also focused on national legislation, campaigning for important transparency measures to be included in the country’s mining code and for the removal of unfair fiscal incentives for mining companies.

The coalition supports its members through capacity building, research and the exchange of experiences and information. BK-PWYP Philippines also conducts projects at the subnational level, with two transparency initiatives in Compostela Valley and South Cotabato.

Key Facts

  • Key resources: copper, nickel, iron, cobalt, silver and gold.
  • The Philippines is estimated to have the fifth largest mineral reserves in the world, valued at an estimated US$ 1.4 trillion.
  • In May 2014 the Philippines launched a tender for exploration of 11 oil and gas blocks in the South China Sea, said to hold an estimated 165 million barrels of oil and about 3.5 trillion cubic feet of natural gas.
  • Companies operating in the Philippines include Apex Mines, Glencore and Oceana Gold.
  • BK-PWYP Philippines, CIA World Fact book, Glencore website, IMF Country Report No. 14/245 foot note 16

Key Contacts

  • Name: Tina Pimentel
  • Email: tinapimentel@bantaykita.ph
  • Telephone: +63 2 426 5626

Links

Members

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