The head of NRGI offers perspective om a number of recent resource governance developments, including the Extractive Industry Transparency Initiative’s (EITI) embrace of project-level payment reporting. He also addresses the suspension and subsequent withdrawal of Azerbaijan from EITI.
The Natural Resource Charter Benchmarking Framework is a tool for benchmarking a country’s management of oil, gas and minerals against global best practices. Created in response to government and civil society demand for a practical way to measure resource governance, it is the product of five years of expert input and testing in more than 15 country projects.
Four years after EITI began encouraging contract disclosure through its standard, this report assesses the extent to which governments of resource-rich countries have taken up the recommendation. The report finds that disclosing the contracts and licenses that detail terms of resource exploitation has become the norm among EITI implementing countries.