“If we don’t know – and cannot find out – what companies are paying our governments, how can we hold our governments to account?”
Publish What You Pay members campaign to oblige extractive companies to disclose all the payments they make – for instance how much royalty tax they paid for a mining project – in the governments where they operate.
They seek to do this by changing the rules in countries where extractive companies are listed or registered; currently most of the targeted countries are in the global north. For example, introducing new reporting requirements at the New York Stock Exchange affects 60% of the world’s top mining companies.
Companies and developed countries profit hugely from the global extractive sector, they have a responsibility to diminish the opportunities for corruption or mismanagement. Publish What You Pay members in resource-rich countries don’t want charity – they want to change the odds, odds that are stacked against activists and that are favourable to secrecy. Publish What You Pay is fighting for systemic change that will enable citizens to follow the money and hold their governments to account.
It is only through structural change that the resource curse can be overturned. To find out more, explore the map!