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Primer: Transparency Mechanisms and Movements

27 April 2015
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Primer: Transparency Mechanisms and Movements (PDF 113.68 KB)
Topics
Contract transparency and monitoring, Global initiatives, Mandatory payment disclosure, Open data
Precepts
P2 P11 P12 What are Natural Resource Charter precepts?
Social Sharing
Governments, international organizations and other actors can improve transparency by establishing and enforcing a set of international standards for financial and accounting records, as well by disclosing contractual terms. Public disclosure of information throughout an extractive project, from exploration licensing to project clean-up, is a vital mechanism for helping citizens and investors to hold governments and companies to account.

KEY MESSAGES
  • Transparency is a fundamental tool to promote efficiency and accountability in converting natural resource wealth into long term social and economic development.
  • For transparency to be effective, information disclosures must be relevant, accessible, timely and accurate.
  • Transparency is the root of many campaigns to reform the management of extractive industries.
  • There are numerous mechanisms and movements for transparency that often have overlapping and mutually reinforcing aims.

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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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    • Primers
  • Analysis & Tools
    • Publications
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    • Economic models
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