United Nations

The UN General Assembly adopted a resolution on “Strengthening transparency in industries” on September 11. It emphasises that transparency and accountability should be embraced and promoted by all its member states and notes the efforts of countries participating in the EITI.

Letter regarding the Open Society Institute “Revenue Watch” briefing: New UN Resolution Must Turn over U.S. Control of Iraq’s Oil Revenues to Iraqis (May 2004)

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Save the Children strongly welcomes the Prime Minister’s leadership in launching the Extractive Industries Transparency Initiative. We call on government and business leaders today to seize the opportunity to increase financial transparency, in order to alleviate the corruption and conflict afflicting more than 700 million poor children in mineral-rich countries.

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This briefing paper first discusses the nexus between oil revenues, governance, and rights. It then examines the current situation in Iraq, including the role of the United Nations-supervised Oil-for-Food Program. The briefing concludes with a list of guidelines for post-conflict oil revenue management.

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Op-ed by Director of Global Witness, Simon Taylor.

While oil, gas and minerals are by far the largest sources of state revenue for the world’s poorest nations, these resources, which should help fund development and sustainable economic growth, all too often turn out to be a curse, leading to increased poverty, child malnutrition and civil conflict.

United Nations General Assembly
Sixty-second session
Agenda item 56
Globalisation and interdependence

Australia, Azerbaijan, Belgium, Canada, Congo, France, Germany, Iraq, Italy, Kazakhstan, Kyrgyzstan, Liberia, Moldova, Netherlands, Nigeria, Norway, Peru, Sierra Leone, Spain, Timor-Leste, Turkey, United Kingdom of Great Britain and Northern Ireland and Yemen: draft resolution

Strengthening transparency in industries

The General Assembly,

Recalling the 2005 World Summit Outcome,

Reaffirming the Accra Accord, the outcome of the twelfth session of the United N

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Paris, 10/19 – An official of the United Nations Conference on Trade and Development (UNCTAD), Mrs Anne Miroux, on Wednesday strongly criticised mining contracts between African states and transnational companies, saying they do not take into account the interests of the people.

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On the eve of the first international, high level and public meeting of the Extractive
Industries Transparency Initiative (EITI) Save the Children, the UK’s leading
international children’s charity, is calling on governments and company leaders to seize
the opportunity to increase financial transparency, in order to alleviate the corruption and
conflict afflicting more than 700 million poor children in mineral-rich countries.