Oxfam America has just launched a new animated video showing how so little of the profits from extractive industries reach local communities. In the US the video is intended to encourage people to take action and contact their member of Congress regarding the Energy Security Through Transparency Act – a crucial piece of legislation that would require any company registered with the US authorities (Securities and Exchange Commission) to disclose their payments in every country of operation.
Phnom Penh, Cambodia: Cambodians for Resource Revenue Transparency (CRRT), a new coalition of civil society organizations was launched today and urged the Royal Government of Cambodia, donors, private businesses, and other stakeholders to promote transparency in the management of revenues from oil, gas and mining to ensure that they benefit every citizen of Cambodia.
As Cambodia is expected to experience a sudden resource windfall, careful planning is needed to ensure that a sudden increase in revenues and expenditures are properly managed in a socially transparent and accountable manner that especially reaches the poorest Cambodians.
The Federal Government has been called upon to ensure that the findings of the House of Representatives Committee on Oil Subsidy are not swept under the carpet; but that the weighty issues thrown up by the report are thoroughly examined and appropriate sanctions meted out to those indicted without fear or favour.
The Publish What You Pay (PWYP), a non-governmental organisation (NGO) that promotes transparency in the management of the revenues from oil and non-oil mineral industries through the public declaration of what mineral exploitation companies pay to respective countries, made this
Local PWYP-Indonesia members support Judicial Review to address revenue-sharing between national and local governments.
On 28 February 2012, local PWYP-Indonesia member, Mr. Carolus Tuah travelled from his home town in East Kalimantan, to attend a constitutional court hearing of a lawsuit filed by local groups against the Republic of Indonesia’s Law No.
La coalition ROTAB/PCQVP a écrit au ministre des finances demandant le payement des 15% des revenus miniers et pétroliers aux communes d’exploitation. En effet la distribution de ces 15% sont prévus dans la loi minière de 2006, mais à ce jour les communes concernées n’ont pas encore reçues les revenus de 2009 ou 2010.
Today the International Budget Partnership releases “It’s Our Money. Where’s It Gone?”— a new documentary film on the work one of its partners, MUHURI (Muslims for Human Rights), is doing to involve communities directly in monitoring the Constituency Development Fund (CDF) in Mombasa, Kenya. The CDF allocates approximately one million dollars annually to each member of parliament to spend on development projects in his or her constituency but provides for no meaningful independent oversight. This is the story of ordinary Kenyans stepping in to do something about it.
In Nigeria, as elsewhere, corrupt practices impair oil sector performance. This U4 Brief looks at five approaches to advancing anti-corruption reform in Nigeria’s oil sector: the legal and regulatory framework; open and competitive award procedures; process and revenue transparency; investigation and prosecution of corruption; and oversight and accountability measures.
This U4 Brief attempts to shed light on how public sector institutions governing the Nigerian oil sector permit the existence of corruption. Six areas of corruption risk are addressed: the awarding of licenses; the awarding of contracts; bottlenecks and inefficiencies; the role of bunkering; the exportation of crude; and importing refined products.
This report focuses on the paradoxical links between natural resource wealth and child poverty in developing countries, including Azerbaijan, Nigeria, Sudan and Venezuela. It includes recommendations for governments, companies, shareholders, donors and civil society on how to enhance transparency over company payments and government revenues, which Save the Children UK believes to be integral to a more accountable system for the management of such revenues that is in the best interests of children.
Concern over the destiny of the country compelled the formation of a civil society coalition, “Oil Revenues – Under Public Oversight!”. We believe that Kazakhstan needs to demonstrate its adherence to the principles of transparency, democracy and responsible management of natural wealth in order to create favorable conditions for the development of other sectors of the economy and to enhance healthcare, education and the social welfare system….