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Home > Archives for EITI

EITI

Azerbaijan suspended from the EITI – a Bankwatch and Counter Balance statement

March 10, 2017

A decision to suspend Azerbaijan’s membership in the Extractive Industries Transparency Initiative (EITI) adopted yesterday (Mar 9) is the latest reminder for international financial institutes to avoid supporting the Southern Gas Corridor (SGC) project.


Azerbaijan’s crackdown on civil society must not be tolerated, international NGOs tell industry transparency body

October 25, 2016

The Azerbaijani government’s relentless repression of civil society should disqualify the country from participating in the Extractive Industries Transparency Initiative (EITI), 18 international groups wrote in a letter sent on Thursday (October 20) to members of the EITI board.


Transparency: Much stays hidden

August 25, 2016

An initiative aimed at increasing the transparency of mining companies’ payments to governments across the globe has been slammed as paternalistic and ineffective by representatives of the people it was claimed to help. The extractive industries transparency initiative (EITI) was first announced by then UK prime minister Tony Blair at the world summit on sustainable development in Johannesburg in 2002. It was launched a year later, at a time when the entire developed world, led by Blair and pop stars Bono and Bob Geldof, seemed determined to save Africa from itself.


Publish What You Pay: ‘Lukoil loan would fundamentally contradict EBRD policies’

July 21, 2015

The Board of the Extractive Industries Transparency Initiative (EITI), a coalition of companies, governments, investors and civil society organisations has unanimously downgraded Azerbaijan to a “candidate country”. Azerbaijan will be suspended from the EITI in April 2016 if it does not comply with a set of requirements that ensure civil society can work freely in the country.


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