Changes to the EITI Standard
EITI International SecretariatAstana, 9 October 2013
http://eiti.org/document/standard
Evolution of the EITI
2003 EITI Principles2005 EITI Criteria and Sourcebook (non binding guidance)2008 EITI Validation Guide (binding requirements)2011 EITI Rules and Validation Guide2013 EITI Standard
A revised EITI Standard now ensures transparency and accountability in more areas of the natural resource value chain.
A national multi-stakeholder group (government, companies and civil society) decides how their EITI process should work.
This group publishes an EITI Report where government revenues and other data are disclosed and independently assessed.
The findings are communicated to create public awareness and debate about how the country should better manage their resources.
Production data
Transfers to local government
Transit payments(encouraged)
StateOwned
Enterprises
Government publish receipts
Companies publish payments
Licensing information
State ownership
Production contracts(encouraged)
Beneficialownership(encouraged)
Company social and infrastructure investments
Key changes
1. Emphasis on workplans and objectives for EITI implementation2. Presenting the context 3. Strengthening EITI reporting4. Impact and Validation5. Restructuring and clarifying the requirements
Improved Validation procedures
• EITI Candidate countries are required to undertake Validation 2.5 years after obtaining Candidate status.
• EITI Compliant countries are required to be revalidated every three years.
• Validation to be procured and financed by the International Secretariat.
• Kazakhstan’s revalidation will depend on outcomes of the current Validation.
EITI Requirement 7
Validation scenarios:
Compliant : new Validation deadline in three years.
Meaningful progress: suspension. 12 months to address corrective actions, followed by a Secretariat Review.
No progress: delisted
1. Clarifying existing requirements
EITI Rules (2011)21 Requirements
EITI Standard (2013)7 Requirements
Transition procedures
Next steps for Kazakhstan:•Agree priorities for implementation and update the workplan by 31 December 2013.•produce the 2012 EITI Report in accordance with the EITI Standard by 31 December 2014.•Publish the 2013 activity report by 1 July 2014.•New Validation deadline: TBA.
Further information
EITI Standard: http://eiti.org/document/standard
Guidance notes: http://eiti.org/
Contact:
Dyveke Rogan,Regional Director, EITI International [email protected]
Sam BartlettTechnical Director, EITI International [email protected]