The document discusses the Extractive Industries Transparency Initiative (EITI), which aims to address issues related to natural resource governance. It provides an overview of EITI, including its history and goals. Key points include: - EITI was established in 2002 to address the "resource curse" where countries rich in natural resources tend to have less economic growth than countries with fewer natural resources. - EITI has 31 implementing countries and aims to improve transparency and accountability by reconciling company payments with government revenues in the oil, gas and mining industries. - Studies show EITI is beginning to have some positive impacts like increased trust, but more evidence is still needed on its effectiveness in reducing corruption and improving living standards.

2. I. the resource curse

3. 1997

4. December 1999

5. Petrol is the best vector of corruption

6. Petrol is the best vector of corruption

7. “ 2010 examines how the world's poorest societies make the least of their natural resources

9. www.eiti.org Governance failure Pressure/attention Investigative reporting Facilitation Business case for action Negotiation Implementation Quality Assurance Code/standard

10. II. Part of the remedy and a place to start

11. 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”

12. Implementing Countries

14. 46 of the world’s leading oil, gas and mining companies Support the EITI

15. EITI Implementing countries 31 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

16. EITI

17. Chart of original media articles mentioning “Extractive Industries Transparency Initiative” from 1 Jan 2008 – 31 Dec 2009:

19. Dr Peter Eigen, Chairman of the EITI, i nterviewed by Jonathan Charles on the BBC news programme HARDtalk, November 6, 2009.

21. Norway, first OECD reporting country

23. Liberia 2nd report: 4 sectors

28. EITI

29. The EITI has been politically endorsed by many Governments and in many forums

30. The AU, EU, UN, G8, G20,..

31. III. Does we know if it works?

35. IV. Challenges

37. V. Multi-stakeholder governance

38. www.eiti.org Governance failure Pressure/attention Investigative reporting Facilitation Business case for action Negotiation Implementation Quality Assurance Code/standard

41. EITI Other Publications ...and video. [email_address]