PWYP - EITI

Press Release on EITI Validation in Congo Brazzaville

asmara — Wed, 28 Apr 2010 10:40:34 +0100

Brazzaville-Pointe-Noire, le 27 avril 2010. La Campagne Publiez ce que vous payez au Congo se félicite de l’appui apporté à l’Initiative de Transparence des Industries Extractives-ITIE au Congo et de l’extension accordée par le Conseil d’Administration de l’Initiative pour permettre au groupe multipartite de notre pays de finaliser son processus de conformité aux principes et critères de mise en oeuvre de l’ITIE.

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Press Release on EITI Validation in Cameroon

asmara — Fri, 23 Apr 2010 13:39:39 +0100

Please click here to read the full press release put out by PWYP Cameroon the EITI Validation in Cameroon.

Global Witness Press Release on EITI April 2010

asmara — Wed, 21 Apr 2010 15:05:42 +0100

Please follow the link here to read the whole press release.

Revenue Watch Institute Press Release EITI April 2010

asmara — Wed, 21 Apr 2010 15:03:20 +0100

Please download here the whole press realease.

Human Rights Watch Press Release on EITI April 2010

asmara — Wed, 21 Apr 2010 14:58:36 +0100

For Immediate Release

Mixed Message on Resource Revenue Transparency

Global Initiative Expels 2 Countries That Lagged on Reform; Retains 16 Others

(Washington, DC, April 16, 2010) – The decision today to end two countries’ quests for membership in a global initiative on openness about natural resource profits shows that the initiative will not automatically accept governments that lack the political will to improve, but requires further explanation, Human Rights Watch said.

The Extractive Industries Transparency Initiative (EITI), a voluntary global effort that encourages pu

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Countries served notice by oil and mining transparency initiative

jwilliams — Fri, 16 Apr 2010 17:56:59 +0100

The board of the Extractive Industries Transparency Initiative (EITI) today considered the status of 18 countries which were unable to meet the deadline they were given in 2008 to complete external verification of their progress under the global transparency initiative.

The EITI board rejected the option of granting a blanket extension to all countries in recognition of the need to maintain its credibility as an initiative that respects its own rules. Instead, the board granted an extension to 16 countries following a case-by-case review which teased out the specific difficulties countries have faced in meeting the deadline. Countries were granted an extension if these difficulties were judged to be exceptional and unforeseen.

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Oxfam Press Release on EITI April 2010

asmara — Wed, 21 Apr 2010 14:55:12 +0100

Please follow the link here to read the whole press release

Global oil and mining transparency initiative arrives at key deadline

jwilliams — Tue, 09 Mar 2010 09:53:50 +0000

Many countries yet to overcome validation hurdle

Twenty out of 22 countries have not met the two-year deadline they were given in 2008 to complete external verification of their progress under the Extractive Industries Transparency Initiative (EITI), a voluntary multistakeholder initiative which aims to increase transparency of natural resource revenues. Validation, as the process is known, is a critical quality assurance mechanism which underpins the credibility of the EITI. Progress in different countries varies but a large question mark now hangs over the EITI’s effectiveness as an international standard for improving transparency and accountability in the oil, gas and mining industries, said global civil society coalition Publish What You Pay (PWYP) today.

Additional resources:
Chart showing progress of the 22 EITI countries with a deadline of 9 March 2010
Short guide to EITI Validation

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Norway shows transparency leadership by releasing first EITI report

jwilliams — Fri, 22 Jan 2010 11:50:29 +0000

This week Norway, the first OECD country to implement the Extractive Industries Transparency Initiative (EITI), took an important step by publicly releasing its first EITI report disclosing all payments of taxes and fees made by oil companies to the government in 2008.

PWYP Norway coordinator Mona Thowsen congratulated Norway at the launch event and encouraged “all resource rich countries, including other OECD countries to engage meaningfully in the EITI tripartite process…”

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Norway discloses oil revenue payments in first Extractive Industries Transparency Initiative (EITI) report

jwilliams — Fri, 22 Jan 2010 11:39:39 +0000

OSLO – Today Norway discloses oil revenues payments by companies and launches its first report under the Extractive Industries Transparency Initiative (EITI).

The Norwegian government already has institutions to control and oversee its received tax revenues, but this marks the first time all tax revenues are published on a company-by-company basis and reconciled by an external auditor (Deloitte). The report shows that in 2008 Norway total payments reported and received was 400 489 701 000 NOK.

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