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2:30 p.m. - 4:00 p.m. UTC / 10:30 a.m. – 12:00 p.m. EDT
The World Bank Group hosted a session on Wednesday, 24 March, on the future direction of extractives governance in the context of the energy transition.
The session addressed core energy governance issues of anti-corruption, domestic resource mobilization and the investment climate that lie at the forefront of EITI’s Strategic Priorities 2021-2022, framed by the energy transition and strategies for recovery in resource-dependent countries in the post-pandemic context.
In addressing future priorities on tackling corruption, the presenters addressed the enormous potential offered by beneficial ownership transparency and contract transparency in putting information concerning the real owners of extractive industries into the public domain through published registers and the opening up all future contracts to public scrutiny. The potential of the EITI to enhance domestic resource mobilization and address the problem of corruption will be illuminated by experience from southern Africa.
The event was sponsored by the Open and Transparent Government Community of Practice and the Extractive Industries Transparency Initiative (EITI).
Opening Remarks: Edward Olowo-Okere, global director, Governance Global Practice (World Bank)
Chair: Roby Senderowitsch, practice manager, Governance Global Practice (World Bank)
Speakers:
2:30 p.m. - 4:00 p.m. UTC / 10:30 a.m. – 12:00 p.m. EDT
The World Bank Group hosted a session on Wednesday, 24 March, on the future direction of extractives governance in the context of the energy transition.
The session addressed core energy governance issues of anti-corruption, domestic resource mobilization and the investment climate that lie at the forefront of EITI’s Strategic Priorities 2021-2022, framed by the energy transition and strategies for recovery in resource-dependent countries in the post-pandemic context.
In addressing future priorities on tackling corruption, the presenters addressed the enormous potential offered by beneficial ownership transparency and contract transparency in putting information concerning the real owners of extractive industries into the public domain through published registers and the opening up all future contracts to public scrutiny. The potential of the EITI to enhance domestic resource mobilization and address the problem of corruption will be illuminated by experience from southern Africa.
The event was sponsored by the Open and Transparent Government Community of Practice and the Extractive Industries Transparency Initiative (EITI).
Opening Remarks: Edward Olowo-Okere, global director, Governance Global Practice (World Bank)
Chair: Roby Senderowitsch, practice manager, Governance Global Practice (World Bank)
Speakers:
- Suneeta Kaimal, president and chief executive officer, Natural Resource Governance Institute
- Ian Chitumba Mwiinga, national coordinator, EITI Secretariat Zambia
- Mark Robinson, executive director, Extractive Industries Transparency Initiative
- Discussant: Bryan Land, lead oil and gas specialist, IEEXI