NEW FROM RWI: Drilling Down: The Civil Society Guide to Extractive Industry Revenues and the EITI
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Download: Save and Print the Full Text of Drilling Down (pdf, 1.1MB) | Français (pdf, 1.2MB)
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Revenue Watch Institute is pleased to announce the release of its first comprehensive guide to EITI issues and the challenges of extractive industries accounting for civil society readers.
This milestone publication provides step-by-step explanations of each phase of EITI implementation and unpacks the complex technical and strategic issues that activists face at each stage. Using real-world examples and data from multiple countries, Drilling Down illustrates the fundamental issues behind the EITI, including government accounting systems, types of extractive industry contracts, and the different fiscal regimes that control the flow of funds to and from governments.
Produced by Revenue Watch and authored by transparency and extractives industry expert David Goldwyn, Drilling Down is written specifically for civil society readers new to the challenges of extractive revenue management. In addition to the defining EITI concepts and stages of implementation, the book provides recommendations for interpreting an EITI audit and effectively communicating the results, and also explores advanced revenue management issues such as contracts and legal and economic frameworks, areas of vulnerability in accounting, and revenue and expenditure tracking.
To request copies of Drilling Down and learn more about RWI's civil society capacity-building initiatives, please send email to info@revenuewatch.org.
Download: Save and Print the Full Text of Drilling Down (pdf, 1.1MB)
Downloadable Translations:
Français (pdf, 1.2MB) | Español (pdf, 2MB) | Portuguese (pdf, 1.1MB) | (pdf, 1.4MB)
READ MORE ABOUT THE EITI
U.S. Said to Allow Drilling Without Needed Permits - The New York Times
Australia Gas Deal Renews Tension - Financial Times
Charged With Fraud, Nigeria's Ruling Party Leader Resigns - Reuters
Western Senators Propose Ban on Pacific Drilling - The New York Times
To Limit Corruption around Mining in Africa, Follow the Money - The Globe and Mail
Court Backs Oil Project - The New York Times
Transparency Increases, But There Is Still a Long Way to Go - The Phnom Penh Post
IMF Develops Project to Help Africa Deal with Illicit Trade - African Manager
Three-day Conference on Africa's Natural Resources Starts in Tanzania - Standard Times Press
After Oil Rig Blast, BP Refused to Share Underwater Spill Footage - ABC News
Finger-Pointing, but Few Answers at Hearings on Drilling - The New York Times
Complaints Over U.N. Prize Sponsored by Equatorial Guinea's Obiang - Reuters
Guide: Community-Company Grievance Resolution for Australian Mining Industry - Oxfam Australia (pdf)
Cote D'Ivoire: President for Life, and Then Some - The New York Times
In Midst of Massive Spill, Oil Industry Fighting Transparency and Accountability - Oxfam America
Leaked Oil Contracts in DRC Threaten Resource Wars and $10 Billion Rip-Off by British Company - Carbon Web
Contracts Confidential: Ending Secret Deals in the Extractive Industries
Contract transparency is sorely needed to improve the management of natural resource wealth. In a new report from RWI, authors Peter Rosenblum and Susan Maples delve into government and private sector objections to contract disclosure and make conclusions about what information may legitimately and reasonably be kept confidential, and how civil society institutions can better confront the challenge of secret deals.
Learn more about the report ...
NEW TRANSLATION: Revenue Redistribution at the Local Level
Many resource-rich countries are attempting to compensate their producing regions through shares of resource revenues to be spent at the local level. In "Extractive Industries Revenues Distribution at the Sub-National Level," development economics consultant Matteo Morgandi presents a comparative analysis of international legislation for distribution of extractive revenues from across all levels of government. Prepared at the request of the Peruvian National Congress, the report studies the legislative practices of seven resource-rich countries to identify potential and address challenges. Please note that this report is now also available in Vietnamese.
Learn more ...