New EITI Charter Out

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EITI logo
EITI logo

The Revenue Watch Institute – Natural Resource Charter (RWI-NRC) has released the Revenue Watch Institute Guide to the EITI Standard. The guide is an online, interactive reference that allows users to explore the opportunities in the EITI Standard in seven policy areas. These areas are based on the extractive industries decision chain and reflect some of the governance challenges most frequently raised by stakeholders. The guide also covers two process areas: civil society participation and multi-stakeholder group governance. The guide was produced with generous support from the EITI Multi-Donor Trust Fund.

EITI logo
EITI logo

A statment by Revenue Watch said the guide teaches users how the Extractive Industries Transparency Initiative (EITI) links to their concerns and how to develop disclosure methods that generate information of maximum value to national reform and oversight processes.

For example, a government official charged with implementing the EITI can use the tool to spark ideas about how to report on tricky areas, like state-owned companies. An NGO concerned about the discretionary allocation of licenses can examine what the EITI says on this key question and review examples of how other countries have dealt with disclosures on this issue. A company asked to provide more detailed information about its payments can learn what the standard says about project-level reporting.

For each policy and process area, the guide provides provided a number of options. ?These are: an overview of associated governance challenges; a summary of the required and encouraged disclosures in the EITI Standard; RWI?s recommendations on how to undertake each disclosure in a way that reflects best practice and generates user-friendly and policy-relevant information; Country examples that illustrate how disclosures have previously been made and highlight those that do it best; and additional resources related to the policy area and/or disclosure.

The guide can serve as a resource for stakeholders as they among other things develop the national policy objectives outlined in EITI work plans; Consider what information to collect, from whom, and in what format; review reconciler terms of reference and reporting templates;draft annual activity reports; make policy recommendations based on analysis of EITI data;

The guide is accompanied by a facilitation manual that presents RWI?s training methodology on the new standard. The manual includes learning objectives, detailed session designs, readings and group exercises. An ?all-in-one? presentation is linked to the guide and explains when and how the slides can be used. RWI-NRC?s EITI training methodology is designed to be interactive and exploratory, enabling participants to develop their capacities on the most relevant policy issues. Presentations are kept to a minimum, in favor of letting participants apply tools and conduct their own analysis, prioritization and action planning. The manual provides options for adapting trainings to be responsive to participant interests and policy priorities.

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