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EITI: A Parliamentary Tool for Extractive Sector Governance in Liberia and Yemen

15 August 2014
Author
Laury Haytayan, Luke Smitham, Femke Brouwer
Download
EITI: A Parliamentary Tool for Extractive Sector Governance in Liberia and Yemen (PDF 1.52 MB)
Topics
Global initiatives, Mandatory payment disclosure
Stakeholders
Parliaments and political parties
Precepts
P2 What are Natural Resource Charter precepts?
Social Sharing
Liberia in West Africa and Yemen in the Middle East hold vast reserves of oil and other natural resources. As participants of the Extractives Industries Transparency Initiative (EITI), both states have voluntarily disclosed payments received from extractive companies in a standardized reporting process overseen by its own multi-stakeholder group (MSG). But unlike the majority of EITI participating countries, Liberia and Yemen have enlisted a key group of actors-parliamentarians-in their efforts to better govern resources and resource revenues. Lending credibility and capacity to the MSG, these political leaders have used their parliamentary mandate to improve policy and initiate reforms in the extractive sector, as well as facilitate EITI reporting and help oversee EITI compliance.

This case study presents lessons learned from parliamentary engagement in the EITI process in Liberia and Yemen and offers strategies for other countries seeking to involve parliamentarians in similar ways.

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  • Topics
    Beneficial ownership
    Civic space
    Commodity prices
    Contract transparency and monitoring
    Coronavirus
    Corruption
    Economic diversification
    Energy transition
    Global initiatives
    Legislation and regulation
    Licensing and negotiation
    Mandatory payment disclosure
    Measurement of environmental and social impacts
    Measurement of governance
    Open data
    Revenue management
    Revenue sharing
    Sovereign wealth funds
    State-owned enterprises
    Subnational governance
    Tax policy and revenue collection
  • Approach
    • Stakeholders
    • Natural Resource Charter
    • Regional knowledge hubs
  • Priority
    Countries
    • Colombia
    • Dem. Rep. of Congo
    • Ghana
    • Guinea
    • Mexico
    • Mongolia
    • Myanmar
    • Nigeria
    • Peru
    • Tanzania
    • Tunisia
    • Uganda
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    • Training
    • Primers
  • Analysis & Tools
    • Publications
    • Tools
    • Economic models
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    • NRGI impact
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