Corruption Risks in the Extractive Sector and the Role of the EITI in Mitigating Corruption, Webinar
EITI deterres corrupt behaviour through transparency.
On 21 June, with support from USAID, the Asia Team from the International Secretariat held a regional forum on anti-corruption for MSGs, national secretariats and anti-corruption bodies and organisations in countries.
The EITI has the potential to help reduce corruption in resource-rich countries. EITI reporting exposes resource governance practices vulnerable to abuse, provides anti-corruption actors with valuable information, supports public discussion and civil society oversight of the sector, and advances global norms and practices related to anti-corruption. Despite the potential, it has been a persistent challenge for the EITI to clearly communicate how it contributes to mitigating corruption in the extractive industries.
To address these concerns, the EITI Board confirmed anti-corruption as a priority and identified the next steps of support in articulating the EITI’s role in addressing corruption, engaging companies and partners, and providing implementation support to MSGs. The EITI Board encourages countries to consider using the EITI as a tool to address corruption in the extractive sector.
Some EITI countres presented their Case studies on how the MSGs are using the EITI process to tackle corruption risks.
Tools available for stakeholders in detecting and mitigating corruption risks have been presented.
Suggested resources:
- Extractive Industries corruption risk diagnostic tool – NRGI
- Mining Awards Corruption Risk Assessment Tool – Transparency International
- Manual on integrity due diligence for Licensing in Extractive Sectors – World Bank
- Enhancing the Transparency and Accountability of State-Owned Enterprises – ADB
- Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas – OECD
- Discussion paper: The EITI’s role in Fighting Corruption – Alex Gilies
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ption Risks in the Extractive Sector and the Role of the EITI in Mitigating Corruption, Webinar
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ption Risks in the Extractive Sector and the Role of the EITI in Mitigating Corruption, Webinar
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ption Risks in the Extractive Sector and the Role of the EITI in Mitigating Corruption, Webinar
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ption Risks in the Extractive Sector and the Role of the EITI in Mitigating Corruption, Webinar
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ption Risks in the Extractive Sector and the Role of the EITI in Mitigating Corruption, Webinar
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ption Risks in the Extractive Sector and the Role of the EITI in Mitigating Corruption, Webinar