It is with great pride that I officially stepped into my role as Executive Director of the EITI three weeks ago. Well into its second decade, the EITI has become a key player in the good governance of natural resources, powered by its many dedicated staff, supporters and partners all over the world who work hard to advance its mission. I look forward to collaborating with you on consolidating our achievements to date and raising standards, deepening our technical expertise and developing new areas of policy.
The headlines from 2018 show that our work is as relevant as ever. From money launderingscandals beleaguering European banks, to Nobel Peace Prize Laureate Dr. Denis Mukwege’s call for better mineral supply chain due diligence – citizens are demanding more transparency and accountability. The EITI’s efforts to tackle hidden ownership, corruption and illicit financial flows in the extractives are advancing, as implementing countries race ahead, with new laws and registers in the pipeline in Ghana, Kyrgyz Republic and Nigeria to name a few. Such reforms have ripple effects. Last June, the EITI’s supporting companies voluntarily drafted and signed up to a set of expectations to cement their commitment to greater transparency. These commitments included full tax transparency, promotion of contract transparency in the countries they operate in, beneficial ownership transparency of suppliers, partners and vendors, and due diligence down the procurement chain. Our beneficial ownership conference in Dakar fostered fruitful discussions at the technical level and secured high level political commitments to meeting the EITI’s 2020 beneficial ownership reporting deadline. These accomplishments show that our work matters, and our message and mission are resonating with constituencies globally.
It is with this momentum that we are stepping into the new year. 2019 promises to be an exciting year for the EITI, as we delve deeper into critical topics such as beneficial ownership, contract transparency and project-level reporting – “the transparency triangle” as we call it. We will also venture into newer territory, by exploring how our work relates to gender, social, and environmental impact. We will pursue these efforts through the multi-stakeholder, data-driven approach to reform that makes for the EITI’s uniqueness, while mainstreaming our information and data into government and company systems. We are also aware of potential challenges to sustaining the pace and momentum of our collective effort as the scope for public debate and civic engagement faces increasing constraints that we need to address in creative ways.
Thank you all for your continued commitment and support. We wish you all a festive and peaceful holiday season.
The Long Read
Governance Challenges and the Role of International Reporting Standards in Improving Performance
State-owned enterprises (SOEs) control around 80% of the world’s oil reserves and 24% of mineral production. Download our publication to learn more about how EITI is scaling up its collaboration with leading SOEs to champion transparency in the extractive industries.
Project-Level Reporting in the Extractive Industries
Project-level reporting is the ‘next level reconciliation’, allowing citizens and governments to assess payments from specific extractive projects and enabling companies to demonstrate their economic contribution.
How Gender Relates to the EITI Mission
EITI implementing countries are finding innovative ways to contribute to gender equality in the governance of their oil, gas and mining resources.
Read our brief to learn more about how gender relates to the EITI mission.
What the Extractives Sector Can Teach Renewables on Curbing Corruption
Renewable energy policy has more to learn from extractives sector governance than you might think.
Read our blog, authored by Extractives Hub, for some of the main lessons to improve the chances of a successful energy transition.
Watch & Learn
EITI Former ED Jonas Moberg’s Interview with RAW Talks
After a decade leading the EITI, Jonas Moberg has now moved on. In this exclusive interview, he evaluates results and shares his inventory of highlights and regrets. Watch here
EITI in the Media
Deep Blue: Due diligence related to cobalt from the DRC
Used since ancient times for its pigment, cobalt is now an essential ingredient in aircraft manufacture. But how ethical is the process of mining this precious metal? Read more
RDC: Le secteur minier, objet de toutes les attentions (audio)
Le secteur minier est un secteur stratégique pour l’économie congolaise. Va-t-il enfin profiter aux congolais? Écoutez
ACEP launches braille version of 2015 GHEITI Report
The Africa Centre for Energy Policy (ACEP), in collaboration with Oxfam-Ghana, has transcribed the GHEITI report into Braille version that can be used by the visually impaired to access information and also take advantage of opportunities in the sector. Read more
Recovering stolen funds critical to Nigeria’s anti-corruption fight
NEITI has said the recovery of proceeds from corrupt financial acts which denies perpetuators the benefits of such crimes will advance Nigeria’s desire to end endemic corruption in the country. Read more