If ExxonMobil and Chevron truly support transparency and wish to retain the reputational benefits of leadership in initiatives like the Extractive Industries Transparency Initative, they should support full implementation of Dodd-Frank 1504 in the U.S. (in line with laws in Europe and Canada) and disclose their tax payments in the U.S. and all other countries where they operate.
On 5 February, the Brookings Institution and the World Bank co-hosted a panel of experts on national wealth accounting. Speakers included Kristalina Georgieva, CEO of the World Bank; David Pilling, Financial Times Africa editor; and NRGI president and CEO Daniel Kaufmann.
This joint course by the Natural Resource Governance Institute, the Columbia Center on Sustainable Investment and the World Bank gives students an understanding of the key challenges and opportunities that come with managing extractive industry investments for sustainable development. It's free, online and open to all. The course has begun, but you can still register for the course and catch up.