We believe that a country’s natural resources belong to its citizens. Our mission is to promote understanding of natural resource management, strengthen public and corporate governance and provide the data to inform greater transparency and accountability in the extractives sector. By becoming members of the EITI, 55 countries have committed to disclose information along the extractive industry value chain – from how extraction rights are awarded, to how revenues make their way through the government and how they benefit the public. Through participation in the EITI, countries agree to a common set of rules governing what has to be disclosed and when – the EITI Standard. In each country that has joined the EITI, a multi-stakeholder group, composed of government, companies and civil society supports implementation of the EITI Standard.
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Thom Townsend: "Our new International Advisory Board will play a critical role in shaping Open Ownership’s next period of growth and provide support and scrutiny to me and my senior team as we deliver our new strategy." Did you know we are recruiting a new International Advisory Board? Read more about our new strategy process and this opportunity:
Beneficial ownership transparency is crucial for addressing #corruption risks in extractives. Our new guidance helps countries design effective legislation to ensure transparency of who owns and controls companies in the sector. Building on EITI's decade-long experience with beneficial ownership transparency, the guidance 📖 shows how to: 📌 Define scope and parameters for disclosure requirements 📌 Establish effective data collection frameworks 📌 Create sustainable reforms that withstand legal challenges 🔍 Download guidance: https://lnkd.in/d6rHNxiZ 📽️ Watch recording from the recent launch event: https://lnkd.in/esrH6nrs #AntiCorruptionWeek
Beneficial ownership transparency is key to fighting #corruption in extractives. 32 countries now have legal frameworks for BO disclosures, showing how this is becoming a global norm. As we mark #AntiCorruptionWeek, track progress with our new tracker 👉 https://lnkd.in/eqJGPj4z #IACD
This #IACD2024, EITI Board Chair Helen Clark urges stakeholders to redouble their efforts in the fight against extractive sector #corruption to ensure resources benefit all citizens, not just a few. 👉 https://lnkd.in/evQ-zH_5
This International Anti-Corruption Day (#IACD), we're reflecting on how countries are leveraging transparency and collaboration to address #corruption risks in the extractive sector. From Armenia 🇦🇲 to Mozambique 🇲🇿 to Togo 🇹🇬, our new blog post highlights how countries are taking action by leveraging EITI data and multi-stakeholder dialogue. Read the post 👉 https://lnkd.in/enMJSYiv Stay tuned as we share more resources throughout #AntiCorruptionWeek! #IACD2024
#Togo 🇹🇬 achieved a score of 74 in implementing the #EITIStandard, having made notable strides in anti-corruption and licensing #transparency. The introduction of a digital mining cadastre is a significant step forward. 👉 https://lnkd.in/dSzmvYEw
🌍 Over 100 participants from government, civil society & companies from #Angola, #Cameroon, #DRC, #Gabon, #Liberia, #Mali, #Madagascar, #Niger, #Nigeria, #Senegal, #SierraLeone, #Togo, and #Uganda and other EITI implementing countries joined our virtual session on artisanal and small-scale mining (ASM) in Africa today. The session aimed to strengthen the capacity of multi-stakeholder groups to disclose and use ASM-related data, and to raise awareness on ASM characteristics and scale in EITI implementing countries. Today's presentations covered: 📌 ASM value chain, economic contribution, environmental and social impacts, and regulation efforts by Trafigura's Global Head of Responsible Sourcing, Norman Mukwakwami 📌 African gold study findings by SWISSAID's, Yvan Schulz, PhD. Read more on the findings here ➡ https://lnkd.in/dEuNJFJc 📌 Country perspectives and Mauritania's experience by ITIE Mauritanie's Abdoullah Diop 📩 Join our second workshop next Wednesday, 11 December, 11:00 AM on peer learnings from ASM disclosures, thematic reports and workplan integration across EITI implementing countries. ✔️ Register for next week's virtual workshop ➡ https://lnkd.in/dpZt5Kep ✔️ Learn more about artisanal and small-scale mining ➡ https://lnkd.in/eXXhSGCz
#Norway 🇳🇴 is raising the bar for #transparency and #accounability with its new #beneficialownership register. At time when other European countries are restricting public access to ownership data, Norway’s approach offers civil society actors, journalists and researchers access while safeguarding privacy rights. Read our latest blog by EITI’s Mark B. to learn how this sets a new benchmark for the region: https://lnkd.in/eMXUCwqT
📣 Today, EITI’s Gay Alessandra Ordenes joined Open Ownership and the National Democratic Institute (NDI) to launch three informative resources, including a technical guidance on "Legislating for effective beneficial ownership transparency reforms in the extractives sector". Produced under the Opening Extractives Programme, this guidance provides legislators with practical tools to institutionalise beneficial ownership reforms through law and enhance accountability in natural resource governance. 📌 Read the guidance here 👉 https://lnkd.in/d6rHNxiZ
Mining for transition minerals raises important questions about how to ensure fair and equitable outcomes for #communities and their lands in the #energytransition. At a recent Land Portal Foundation event on land rights and critical minerals, Mark Robinson shared insights on meaningful community engagement and how the 2023 #EITIStandard supports data access for a just energy transition. 🎥 Watch the recording 👇 https://lnkd.in/et2E5ESX Learn more about the event 👉 https://lnkd.in/eMhkUPUN