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Moberg Tokyo Jan 2010ii
 

Moberg Tokyo Jan 2010ii

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Jonas Moberg, Tokyo 2010

Jonas Moberg, Tokyo 2010

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  • This slide: Key elements in every implementing country (companies disclose, governments disclose), independently and credibly verified and reconciled Process overseen (by multi-stakeholder group of government, companies, civil society), process published  thoroughly discussed [Press again] EITI: forum for dialogue and platform for boarder reforms [Press again] – Example: the government along with stakeholders may decide to work for more transparency: in the award of licensing and contracts, and monitoring of the sector [Press again] – Might push for; more transparency (the distribution of government spending) [Press again] – Link up with other elements of governance (reform of the public financial and budgeting system) These additions; entirely up to them. Blue elements: the EITI ‘core’. Power of the multi-stakeholder process; help focus on ‘governance chain’ in the most need of transparency.
  • The last question that most of the guide is focused on: Takes the country business manager through the entire EITI process from before country sign-up  to establishment of the process and systems for reporting  to the preparation, publication and dissemination of the data  to the on-going management and review It explains the role that he or she might take in the multi-stakeholder group, how to fill in the reporting templates, and how to support the government to keep the process moving.
  • The last question that most of the guide is focused on: Takes the country business manager through the entire EITI process from before country sign-up  to establishment of the process and systems for reporting  to the preparation, publication and dissemination of the data  to the on-going management and review It explains the role that he or she might take in the multi-stakeholder group, how to fill in the reporting templates, and how to support the government to keep the process moving.

Moberg Tokyo Jan 2010ii Moberg Tokyo Jan 2010ii Presentation Transcript

    • The Extractive Industries Transparency Initiative – why transparency matters to all
    • Jonas Moberg
    • Tokyo
    • 26 January 2010
    www.eiti.org
  • www.eiti.org Governance failure Pressure/attention Investigative reporting Facilitation Business case for action Negotiation Implementation Quality Assurance Code/standard
  • 1997
  • December 1999
  • Petrol is the best vector of corruption
  • Petrol is the best vector of corruption
  • Africa's Oil Dreams THURSDAY, MAY. 31, 2007 By ALEX PERRY Petrol sellers in Lagos, Nigeria. www.eitransparency.org
  • Chart of original media articles mentioning “Extractive Industries Transparency Initiative” from 1 Jan 2008 – 31 Dec 2009:
  •  
  • Dr Peter Eigen, Chairman of the EITI, i nterviewed by Jonathan Charles on the BBC news programme HARDtalk, November 6, 2009.
  • www.eiti.org Governance failure Pressure/attention Investigative reporting Facilitation Business case for action Negotiation Implementation Quality Assurance Code/standard
  • The EITI provides a Forum for dialogue and a Platform for broader reforms Oversight by a Multi-Stakeholder Group How the EITI works Award of licenses & contracts Regulation & monitoring of operations Revenue distribution & management Implementation of sustainable development policies Government Spending Companies Disclose Payments Government Discloses Receipt of Payments Independent Verification of Tax & Royalty Payments EITI Report”
    • 30 Implementing Countries across Africa, Asia, Latin America, Middle East and Central Asia
    • 45 major international oil, gas, and mining companies
    • 80 institutional investors with collective assets of over $16 trillion
    • 100s of civil society groups and networks – e.g. Publish What You Pay, Open Society/Revenue Watch Institute, Transparency International
    • Supporting Countries, including Japan, Australia, Canada, France, Germany, the Netherlands, Norway, the UK and the US
    EITI in 2010
  • EITI Implementing countries 30 countries Supporting countries and organisations including the World Bank, AfDB and ADB Civil society organisations hundreds, often through Publish What You Pay Supporting institutional investors 16trillion US in Management Supporting companies 45, including most of the world’s largest EITI International Secretariat Oslo The EITI Board
  • EITI International Secretariat EITI Implementing countries
    • Activities of supporting companies:
    • Companies operating in EITI implementing countries :
    • Participation in EITI reporting
    • Participating in implementation
    • Financial support to EITI International Secretariat
    • Participates in the governance of the EITI, through eg the Board
    • Non-operators :
    • Global political support
    • Financial support to EITI International Secretariat
    • There is no added reporting requirement for companies that support the EITI.
  • EITI
  • Implementing Countries
  •  
  •  
  • Norway published its 1st Report on Jan 21, 2010
  • Norway’s report is disaggregated
  • Lessons to be shared
  • Why governments implement the EITI
    • Enlightened self-interest To prevent corruption To build trust amongst communities To attract foreign direct investment To attract leading companies To gain international recognition To improve credit rating
    • Encouragement from the international community Development community promoting good governance IMF and others wishing to see improved fiscal management Energy security through transparency
    • Encouragement from industry License to operate
    • Long-term investment depends on a sound business climate
  • Ellen Johnson Sirleaf President 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
  • Why companies implement the EITI
    • Contribute towards a sound business climate
    • Investors and employees
    • Limit possible involvement in corruption
    • Reputational risk mitigation
    • Please hosting government - Build trust with local communities
    • low cost
  • EITI
  • EITI Implementation Guides
  • EITI Other Publications ...and video.
  • The EITI has been politically endorsed by many Governments and in many forums
  • The AU, EU, UN, G8, G20,..
    • It can be a platform for long-term reform
    • From transparency to accountability
    • To fight corruption maybe
    • To build trust and confidence - definetely
    Lessons
    • Depth – implementation quality
    • Width – continued progress with large emerging economies
    Looking ahead
  • www.eiti.org Jonas Moberg Head of the EITI Secretariat [email_address]