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  • 1. Briefing to the Joint Finance Committee, Tanzania
    Oslo, 19 October 2009
  • 2. December 1999
  • 3. 1997
  • 4. Petrol is the best
    vector of corruption
  • 5. Africa's Oil DreamsTHURSDAY, MAY. 31, 2007 By ALEX PERRYPetrol sellers in Lagos, Nigeria.
    www.eitransparency.org
  • 6. Governance failure
    Pressure/attention
    Investigative reporting
    Code/standard
    Implementation
    Facilitation
    Quality assurance
    Business case for action
    Negotiation
    www.eiti.org
  • 7. There is hope
    Oct 9th 2008
    From The Economist print edition
    Another promising new mechanism is the Extractive Industries Transparency Initiative, a voluntary code that a score of African countries have adopted, with governments and foreign firms accounting openly for their dealings..."
  • 8. TRANSPARENCY
  • 9. ACCOUNTABILITY
  • 10. Companies Disclose Payments
    Government Discloses Receipt of Payments
    Government Spending
    Independent Verification of Tax & Royalty Payments
    Award of licenses
    &
    contracts
    Regulation
    &
    monitoring of operations
    Revenue
    Distribution
    & Management
    Implementation of Sustainable Development olicies
    How the EITI works
    Oversight by aMulti-Stakeholder Group
    The EITI provides a Forum for dialogue and a Platform for broader reforms
  • 11. EITI in 2009
    • 30 Implementing Countries across Africa, Asia, Latin America, Middle East and Central Asia
    • 12. 42 major international oil, gas, and mining companies
    • 13. 80 institutional investors with collective assets of over $16 trillion
    • 14. 100s of civil society groups and networks – e.g. Publish What You Pay, Open Society/Revenue Watch Institute, Transparency International
    • 15. Supporting Countries, including Australia, Canada, France, Germany, the Netherlands, Norway, the UK and the US
  • Implementing Countries
  • 16.
  • 17.
  • 18. EITI Other Publications
    ...and video.
  • 19. Ellen Johnson SirleafPresident of Liberia
    “The Liberia EITI is one of the institutional pillars of integrity anchoring and sustaining the reform agenda of Liberia.”
    “By promoting better management and use of public resources and discouraging corruption, LEITI … is critical to poverty reduction and social development in Liberia.”
    July 2009, when signing the new LEITI law
  • 20. The EITI has been politically endorsed by many Governments and in many forums
  • 21. The AU, EU, UN, G8, G20,..
  • 22. Lessons/challenges
    • It can be a platform for long-term reform
    • 23. From transparency to accountability
    • 24. To fight corruption – maybe
    • 25. To build trust and confidence - definetely
    • 26. It takes time, although it doesnt have to
  • Lessons/challenges
    • The EITI is a start, only
    • 27. Deepening, validation and beyond
    • 28. Widening, Jakarta and beyond
    www.eiti.org
  • 29. More at:
    ...and video.
    www.eiti.org
    Jonas Moberg, Head of the EITI Secretariat
    Jmoberg@eiti.org