Jan 11, 2018

LAC groups call for increased transparency in the framework of the EITI initiative

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Civil society representatives from Latin America and the Caribbean participating in the Extractive Industries Transparency Initiative (EITI), held meetings from 28 to 30 November 2017 in Santo Domingo – Dominican Republic in the framework of the “EITI Regional Workshop in Latin America and the Caribbean”. In a pronouncement, the groups expressed concerns for the increase in the number of environmental and indigenous defenders in LAC countries who are being persecuted and killed; and about the global trend of weakening environmental and social regulations for the benefit of large extractive and infrastructure projects.
The pronouncement stress that:

  • LAC countries should prioritize the dissemination of socioenvironmental information related to extractive projects.
  • it is crucial to strengthen the disclosure mechanisms of data in EITI reports in a more inclusive manner.
  • international financial institutions – IFIS- and other donors should provide support to the EITI initiative to prioritize support aiming to strengthen civil society within EITI.
  • LAC countries should implement and monitor roadmaps on beneficial ownership in an effective manner.

To see the full pronouncement, access here.