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Investors + resource-rich countries + civil society ALL want to see greater corporate accountability for #oil #gas & #mining co's commitments to #transparency.
So why does that seem so hard to achieve at the global #EITI Board mtg this week?
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So why does that seem so hard to achieve at the global #EITI Board mtg this week?
THREAD🧵
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Quick history:
The Extractive Industries Transparency Initiative #EITI grew out of civil society calls since the late '90s for mining, oil & gas companies to #PublishWhatYouPay to governments around the world.
The idea was to shine a🔦on corruption +💸💸flows in the sector.
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The Extractive Industries Transparency Initiative #EITI grew out of civil society calls since the late '90s for mining, oil & gas companies to #PublishWhatYouPay to governments around the world.
The idea was to shine a🔦on corruption +💸💸flows in the sector.
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In 2002-2003, @EITIorg was born, as “an initiative built on the notion of equal transparency from the governments and the companies” with participation from representatives of governments, companies, and civil society organizations.
eiti.org/history
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eiti.org/history
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