In this newsletter, you can read about decisions taken by the EITI Board on progress in Cameroon, Colombia, Madagascar, Republic of Congo, São Tome and Principe and Ukraine. Colombia was assessed as the first country in the Americas to have met all the requirements of the EITI Standard. In the Ukraine, the EITI has served as an entry point for in-depth reforms. Madagascar received praise for their disclosure of license allocations and subnational transfers in the mining sector. You will also find a news story on our most recent member country – the Netherlands.
The 40th EITI Board meeting took place in Berlin 28-29 June. The meeting started with a close look at how the EITI contributed towards policy reforms in the DR Congo and Nigeria. In the sidelines of the Board meeting, there were meetings on artisanal and small-scale mining, state-owned enterprises, beneficial ownership and contract transparency. The speech EITI Chair Fredrik Reinfeldt gave at the session about contract transparency is found in this newsletter. Simone Niven, EITI Board member and Group Executive of Corporate Relations at Rio Tinto also speaks about why they support contract transparency.
This newsletter provides some highlights from these meetings and discussions. Visit our YouTube account to see a video of Board meeting highlights. For photos from the Board meeting, visit our Flickr account.
Kind regards, EITI International Secretariat
The Netherlands joins the EITI
Netherlands delegation together with the EITI Chair: Omer van Renterghem, NL-EITI MSG member, Ministry of Foreign Affairs; Wepke Kingma, Dutch ambassador in Berlin; Fredrik Reinfeldt, Chairman EITI; Geesje van Niejenhuis, Coordinator NL-EITI and Dirk Jan Koch, Chairman NL-EITI.
The EITI Board approved the Netherlands’ application to join the EITI at its meeting in Berlin. The Netherlands has been closely involved with the EITI since its inception, and has now made the transition to being both a ‘supporting’ and ‘implementing’ country. The Netherlands’ admission to the EITI is timely, as it faces changing circumstances in its gas sector. The Groningen gas field in the north-east was discovered in 1959, and is one of the largest gas fields in the world.
Cameroon – meaningful progress The EITI Board declared in Berlin that Cameroon has demonstrated meaningful progress in implementing the EITI Standard. The Board congratulated Cameroon on its achievement, noting that the EITI has brought valuable information to the public domain, including through publications of its national oil company, SNH.
Colombia – satisfactory progress Colombia was assessed as the first country in the Americas to meet all the requirements of the EITI Standard. The Board found that Colombia had demonstrated satisfactory progress in all requirements of the EITI Standard.
Madagascar – meaningful progress It was announced that Madagascar has made meaningful progress overall in implementing the EITI Standard. EITI Madagascar has had a significant impact on the governance of the extractive sector and overcome funding and capacity challenges.
Republic of Congo – meaningful progress The Republic of Congo has made meaningful progress in implementing the 2016 EITI Standard. The Board noted challenges related to space for civil society and encouraged all stakeholders to work together to improve and preserve the space dialogue and informed public debate.
São Tome and Principe – meaningful progress São Tome and Principe underwent their second Validation and was assessed as having made meaningful progress in meeting the EITI Standard. The EITI Board acknowledged the significant efforts of STP in addressing its corrective actions raised from the first Validation.
Ukraine – meaningful progress The EITI Board highlighted how the Government of Ukraine and the multi-stakeholder group have made progress “in strengthening the governance of the extractive industries by providing timely and publicly accessible information on the revenues from mining, oil and gas” and decided that Ukraine has made meaningful progress overall in implementing the EITI Standard.
In many countries, contract transparency is critical to ensure that stakeholders can see how they should be benefitting from the extractive industries. The EITI has in the past months highlighted examples of contract transparency in the extractive sector.
Q&A with Rio Tinto Mining giant Rio Tinto was the first major mining company to announce that they will support the public disclosure by countries of their mining contracts and licenses. Simone Niven, EITI Board member and Group Executive, Corporate Relations at Rio Tinto explains the thinking behind the decision in this blog.
Address by Fredrik Reinfeldt At the contract transparency side event in Berlin, EITI Chair Fredrik Reinfeldt gave an address on the EITI’s work with this issue. You can read the full address on our website.
Nigeria Executive Secretary of Nigeria EITI Waziri Adio showed how the previously opaque extractive sector has been subject to reforms after implementing the EITI. See the full presentation on the event page.
Democratic Republic of the Congo EITI Africa Director Bady Baldé gave a presentation on EITI implementation in the DRC, where the EITI has brought clarity to a fragmented fiscal regime. Find his presentation on the event page.
Blog day 1 On 27 June 2018, the day before the 40th EITI Board meeting, friends, supporters and Board members of the EITI International met in Berlin to participate in a series of side meetings; one on the social and environmental impact of the EITI process, a roundtable on technical assistance requirements facing EITI countries and a meeting on “civil society and shrinking spaces”.
Blog day 2 EITI Board members and around 150 stakeholders gathered in Berlin for the 40th EITI Board meeting to discuss progress made by the EITI implementing countries, civic space to advocate on extractives governance, contract transparency and conflict minerals. The Board also took a deeper look at two major oil, gas and mining countries.
Blog day 3 The last day of the Board meeting included Validation decisions, review of the expectations for EITI supporting companies and discussions on how grievances under the EITI should be addressed.