Jan 11, 2018

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


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.