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www.eiti.org
December 1999
Africa's Oil Dreams THURSDAY, MAY. 31, 2007  By  ALEX PERRY     Petrol sellers in Lagos, Nigeria.      www.eitransparency....
1997
Petrol is the best  vector of corruption
    www.eiti.org Governance failure Pressure/attention Investigative reporting Facilitation  Business case for action Nego...
<ul><li>There is hope  </li></ul><ul><li>Oct 9th 2008 </li></ul><ul><li>From  The Economist  print edition </li></ul><ul><...
transparency
accountability
The EITI provides a Forum for dialogue and a Platform for broader reforms Oversight by a Multi-Stakeholder Group How the E...
<ul><li>30 Implementing Countries  across Africa, Asia, Latin America, Middle East and Central Asia </li></ul><ul><li>42 m...
Implementing Countries
EITI
 
 
The EITI has been politically endorsed by many Governments and in many forums
The AU, EU, UN, G8, G20,..
EITI
Ellen Johnson Sirleaf President of Liberia <ul><li>“ The Liberia EITI is one of the institutional pillars of integrity  an...
Ngozi Okonjo–Iweala Former Minister of Finance, Nigeria <ul><li>“ [NEITI] has lifted Nigeria’s profile in the eyes of inve...
<ul><li>It can be a platform for long-term reform </li></ul><ul><li>From transparency to accountability  </li></ul><ul><li...
www.eiti.org <ul><li>The EITI is a start, only </li></ul><ul><li>Deepening, validation and beyond </li></ul><ul><li>Wideni...
More at: ...and video. www.eiti.org Jonas Moberg,  Head of the EITI Secretariat [email_address]
The EITI provides a Forum for dialogue and a Platform for broader reforms Oversight by a Multi-Stakeholder Group How the E...
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Jonas Moberg, Head of Secretariat , Extractives Industries Transparency Initiative (EITI): Promoting accountability and good governance in extractive industries through transparency.

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Jonas Moberg, Head of Secretariat , Extractives Industries Transparency Initiative (EITI):
Promoting accountability and good governance in extractive industries through transparency.

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Jonas Moberg, Head of Secretariat , Extractives Industries Transparency Initiative (EITI): Promoting accountability and good governance in extractive industries through transparency.

  1. 1. www.eiti.org
  2. 2. December 1999
  3. 3. Africa's Oil Dreams THURSDAY, MAY. 31, 2007 By ALEX PERRY Petrol sellers in Lagos, Nigeria. www.eitransparency.org
  4. 4. 1997
  5. 5. Petrol is the best vector of corruption
  6. 6. www.eiti.org Governance failure Pressure/attention Investigative reporting Facilitation Business case for action Negotiation Implementation Quality assurance Code/standard
  7. 7. <ul><li>There is hope </li></ul><ul><li>Oct 9th 2008 </li></ul><ul><li>From The Economist print edition </li></ul><ul><li>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...&quot; </li></ul>
  8. 8. transparency
  9. 9. accountability
  10. 10. 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 olicies Government Spending Companies Disclose Payments Government Discloses Receipt of Payments Independent reconciliation of Tax & Royalty Payments ” EITI report”
  11. 11. <ul><li>30 Implementing Countries across Africa, Asia, Latin America, Middle East and Central Asia </li></ul><ul><li>42 major international oil, gas, and mining companies </li></ul><ul><li>80 institutional investors with collective assets of over $16 trillion </li></ul><ul><li>100s of civil society groups and networks – e.g. Publish What You Pay, Open Society/Revenue Watch Institute, Transparency International </li></ul><ul><li>Supporting Countries, including Australia, Canada, France, Germany, the Netherlands, Norway, the UK and the US </li></ul>EITI in 2009
  12. 12. Implementing Countries
  13. 13. EITI
  14. 16. The EITI has been politically endorsed by many Governments and in many forums
  15. 17. The AU, EU, UN, G8, G20,..
  16. 18. EITI
  17. 19. Ellen Johnson Sirleaf President of Liberia <ul><li>“ The Liberia EITI is one of the institutional pillars of integrity anchoring and sustaining the reform agenda of Liberia.” </li></ul><ul><li>“ By promoting better management and use of public resources and discouraging corruption, LEITI … is critical to poverty reduction and social development in Liberia.” </li></ul><ul><li>July 2009, when signing the new LEITI law </li></ul>
  18. 20. Ngozi Okonjo–Iweala Former Minister of Finance, Nigeria <ul><li>“ [NEITI] has lifted Nigeria’s profile in the eyes of investors and helped lead to significant increases in FDI not only in the oil sector (about US$ 6 billion a year) but also in the other non-oil sectors US$3 billion”. </li></ul><ul><li>January, 2008 </li></ul>
  19. 21. <ul><li>It can be a platform for long-term reform </li></ul><ul><li>From transparency to accountability </li></ul><ul><li>To fight corruption – maybe </li></ul><ul><li>To build trust and confidence - definetely </li></ul><ul><li>It takes time, although it doesnt have to </li></ul>Lessons/challenges
  20. 22. www.eiti.org <ul><li>The EITI is a start, only </li></ul><ul><li>Deepening, validation and beyond </li></ul><ul><li>Widening, Jakarta and beyond </li></ul>Lessons/challenges
  21. 23. More at: ...and video. www.eiti.org Jonas Moberg, Head of the EITI Secretariat [email_address]
  22. 24. 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 olicies Government Spending Companies Disclose Payments Government Discloses Receipt of Payments Independent reconciliation of Tax & Royalty Payments ” EITI report”

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