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EITI
The Extractive Industries Transparency Initiative (EITI) is a global standard for the good governance of oil, gas and mineral resources. It seeks to address the key governance issues in the extractive sectors. The EITI Standard requires information along the extractive industry value chain from the point of extraction, to how the revenue makes its way through the government and its contribution to the economy. This includes how licenses and contracts are allocated and registered, who the beneficial owners of those operations are, what the fiscal and legal arrangements are, how much is produced, how much is paid, where the revenue is allocated, and its contributions to the economy, including employment. The EITI Standard is implemented in 55 countries around the world. Each of these countries is required to publish an annual EITI Report to disclosing information on: contracts and licenses, production, revenue collection, revenue allocation, and social and economic spending. Ev ...
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EITI Global Conference 2016
The Extractive Industries Transparency Initiative (EITI) is a global standard for the good governance of oil, gas and mineral resources. It seeks to address the key governance issues in the extractive sectors. The EITI Standard requires information along the extractive industry value chain from the point of extraction, to how the revenue makes its way through the government and its contribution to the economy. This includes how licenses and contracts are allocated and registered, who the beneficial owners of those operations are, what the fiscal and legal arrangements are, how much is produced, how much is paid, where the revenue is allocated, and its contributions to the economy, including employment. The EITI Standard is implemented in 55 countries around the world. Each of these countries is required to publish an annual EITI Report to disclosing information on: contracts and licenses, production, revenue collection, revenue allocation, and social and economic spending. Ev ...
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Extractive Industries Transparency Initiative
The Extractive Industries Transparency Initiative (EITI) is a global standard for the good governance of oil, gas and mineral resources. It seeks to address the key governance issues in the extractive sectors. The EITI Standard requires information along the extractive industry value chain from the point of extraction, to how the revenue makes its way through the government and its contribution to the economy. This includes how licenses and contracts are allocated and registered, who the beneficial owners of those operations are, what the fiscal and legal arrangements are, how much is produced, how much is paid, where the revenue is allocated, and its contributions to the economy, including employment. The EITI Standard is implemented in 55 countries around the world. Each of these countries is required to publish an annual EITI Report to disclosing information on: contracts and licenses, production, revenue collection, revenue allocation, and social and economic spending. Ev ...
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Mining Organizations
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials ...
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Global Witness
Global Witness is an international NGO established in 1993 that works to break the links between natural resource exploitation, conflict, poverty, corruption, and human rights abuses worldwide. The organisation has offices in London and Washington, D.C. Global Witness states that it does not have any political affiliation. Mike Davis has been the organisation's CEO since 2020. Profile Global Witness states that its goals are to expose the corrupt exploitation of natural resources and international trade systems, to drive campaigns that end impunity, resource linked conflict, and human rights and environmental abuses. The organisation explores how diamonds and other natural resources can fund conflict or fuel corruption. It carries out investigations into the involvement of specific individuals and business entities in activities such as illegal and unsustainable forest exploitation, and corruption in oil, gas and mining industries. Global Witness’ methodology combines inves ...
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Clare Short
Clare Short (born 15 February 1946) is a British politician who served as Minister of State for Development, Secretary of State for International Development under Prime Minister Tony Blair from 1997 to 2003. Short was the Member of Parliament for Birmingham Ladywood (UK Parliament constituency), Birmingham Ladywood from 1983 to 2010. For most of this period, she was a Labour Party (UK), Labour Party MP; she resigned the Whip (politics), party whip in 2006 and served the remainder of her term as an independent politician. She did not contest the 2010 United Kingdom general election, 2010 general election. Shortly before her retirement from Parliament in 2010, she was strongly criticised by members of the Labour Party when she announced her support for a hung parliament, which was the result of the 2010 election. Biography Early life Short was born in Birmingham, England, in 1946 to Irish Catholics, Irish Catholic parents from County Armagh, Northern Ireland.
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Transparency (market)
In economics, a market is transparent if much is known by many about: What products and services or capital assets are available, market depth (quantity available), what price, and where. Transparency is important since it is one of the theoretical conditions required for a free market to be efficient. Price transparency can, however, lead to higher prices. For example, if it makes sellers reluctant to give steep discounts to certain buyers (e.g. disrupting price dispersion among buyers), or if it facilitates collusion, and price volatility is another concern. A high degree of market transparency can result in disintermediation due to the buyer's increased knowledge of supply pricing. There are two types of price transparency: 1) I know what price will be charged to me, and 2) I know what price will be charged to you. The two types of price transparency have different implications for differential pricing. A transparent market should also provide necessary information about qualit ...
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Peter Eigen
Peter Eigen (born June 11, 1938, in Augsburg, Germany) is a lawyer, development economist and civil society leader. Over a period of 12 years, Eigen founded and chaired Transparency International (TI), a non-governmental organization with National Chapters in over 100 countries. Founded in 1993, TI promotes transparency and accountability in government, business and international development. Early life and education The third of four children, Peter Eigen was born on 11 June 1938 in Augsburg, Germany, of Grete Eigen (born Müchler) and Fritz Eigen, an engineer by training and industry manager. Eigen spent his early childhood during the war in Berlin and in Czechoslovakia where his father had been assigned by the Nazi regime to manage a large factory.  The family moved back to Germany after the war and settled in 1945 with his grandparents in Mettmann, and as of 1952 in Erlangen, Bavaria.  He studied law in Erlangen and Frankfurt/ Main and earned in 1964 a Doctor of Laws (''D ...
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Department For International Development
, type = Department , logo = DfID.svg , logo_width = 180px , logo_caption = , picture = File:Admiralty Screen (411824276).jpg , picture_width = 180px , picture_caption = Department for International Development (London office) (far right) , seal = , seal_width = , seal_caption = , formed = 1997 , preceding1 = Ministry of Overseas Development (ODM) , preceding2 = Overseas Development Administration (ODA) , dissolved = 2 September 2020 , superseding = Foreign, Commonwealth and Development Office , jurisdiction = United Kingdom , headquarters = 22 Whitehall, London, EnglandEast Kilbride, Scotland , employees = , budget = £13.4bn , minister1_name = , minister1_pfo = , minister2_name = , minister2_pfo = , minister3_name = , minister3_pfo = , chief1_name = , chief1_position = , chief2_name = , chief2_position = , child1_agency = , website = , footnotes = , chief3_name = , chief3_position = , chief4_name = , chief4_position = , chief ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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Inter Press Service
Inter Press Service (IPS) is a global news agency headquartered in Rome, Italy. Its main focus is news and analysis about social, political, civil, and economic subjects as it relates to the Global South, civil society and globalization. History IPS was set up in 1964 as a non-profit international journalist cooperative. Its founders were the Italian journalist Roberto Savio and Argentine political scientist Pablo Piacentini. Initially, the primary objective was to fill the information gap between Europe and Latin America after the political turbulence following the Cuban Revolution of 1959. Later the network expanded to include all continents, from its Latin American base in Costa Rica in 1982. In 1994, IPS changed its legal status to that of a "public-benefit organization for development cooperation". In 1996, IPS had permanent offices and correspondents in 41 countries, covering 108 nations. Its subscribers included over 600 print media, around 80 news agencies and databas ...
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Extractive Industry
Extractivism is the process of extracting natural resources from the Earth to sell on the world market. It exists in an economy that depends primarily on the extraction or removal of natural resources that are considered valuable for exportation worldwide. Some examples of resources that are obtained through extraction include gold, diamonds, lumber and oil. This economic model has become popular in many Latin American countries but is becoming increasingly prominent in other regions as well. Many factors are involved in the process of extractivism. These include but are not limited to community members, transnational corporations (TNCs) and the government. Trends have demonstrated that countries do not often extract their own resources; extraction is often led from abroad. These interactions have contributed to extractivism being rooted in the hegemonic order of global capitalism. Extractivism is controversial because it exists at the intersection where economic growth and environ ...
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