It was a turbulent year for extractives governance, bringing both setbacks and achievements. That said, there also is much cause for optimism.
NRGI condemns Wednesday's vote in the House Financial Services Committee to proceed with a bill that would repeal a landmark U.S. transparency and anticorruption law requiring oil and mining companies to disclose payments they make to governments around the world for the right to extract natural resources.
In this new Financial Times op-ed, NRGI president and CEO explores the short history of the U.S. as an implementing country of the Extractive Industries Transparency Initiative. Despite the country’s abdication of leadership in transparency efforts, he finds reasons for hope elsewhere in the world.