Ghana, a country rich in aluminium, bauxite, gold, manganese, oil and gas, joined the global Extractive Industries Transparency Initiative (EITI) in 2003 to promote good governance in the extractives sector. EITI is a multi-stakeholder effort comprising government agencies, civil society actors, and extractive companies.
Increasing transparency as well as business and civic engagement in government contracting are powerful ways to craft better agreements, improve public services, deter fraud and corruption, build trust and promote a more competitive business environment. A new report from NRGI and the Open Contracting Partnership details how to do it.
Civil society actors fighting for better resource governance must engage with reformers in government and business and speak “truth to power” with those parties hampering progress, NRGI president and CEO Daniel Kaufmann tells RAW Talks.
NRGI set out to collect total oil, gas and mining revenue data for the countries included in the Resource Governance Index to find out how many dollars flow to governments that mismanage the handling of their natural resources.