“The EITI process has provided an independent review of government revenue collection systems which will allow us to better monitor revenues from the sector.”
Kevin Ramnarine, Minister of Energy
13 countries met in London to discuss how to reduce corporate secrecy by publishing who owns and controls extractive companies.
Brazzaville hosted the 29th EITI Board meeting. Stakeholders gathered in Kinshasa for the rst regional discussion on EITI and artisanal and small scale mining.
Stakeholders from the region came together and concluded that the EITI could build trust and enable dialogue at all levels.
This legislation requires extractive companies to disclose their bene cial owners.
Plans to produce a checklist to ensure that agencies awarding licenses and contracts perform due diligence of investors.
Stakeholders met in Switzerland and agreed to establish a working group to consider ways to take transparency in commodity trading forward.
“The first report is part of the normal order of things. It simply corrects a flaw in the government reporting system.”
HE Abdullah Mahammed Boun Dionne, Prime Minister of Senegal
“This is the public's money. To have a process that is very transparent and open with how that money comes in and how it ́s dispersed is critical to all of us.”
Greg Gould, Director, United States Of ce of Natural Resource Revenue
Ukraine moving towards greater transparency
"The EITI Report opens a way to a greater transparency where all players have to work in transparent and uni es rules."
Volodymyr Demchyshyn, Minister of Energy and Coal Industry
"This EITI Report is a driving force for strengthening democratic process and building trust among stakeholders."
HE Dr Maung Maung Thein, Union Deputy Minister, Ministry of Finance
Colombia embeds transparency
“EITI ensures that transparency and accountability are embedded in the way we manage our extractive industries. The rst EITI Report, accounting for USD 18bn of government income, is a step forward.”
Maria Isabel Ulloa, Deputy Ministry of Mining