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Why

TRANSP
ARENCY
in the
Extractive
Industries?

secretariat@bantaykita.ph
@BantayKita

+632 921 8016

WHAT IS THE EXTRACTIVE INDUSTRIES


TRANSPARENCY INITIATIVE?
THE EITI IS A GLOBAL
STANDARD TO PROMOTE
THE OPEN AND
ACCOUNTABLE
MANAGEMENT OF
NATURAL RESOURCES

WHO GOVERNS THE EITI?

MULTI-STAKEHOLDER
GROUP
GOVERNMENT

INDUSTRY

CIVIL SOCIETY

GOVERNMENT

INDUSTRY

Discloses
how much
it paid

Discloses
how much
it received

INDEPENDENT ADMINISTRATOR

WHAT IS THE INTERNATIONAL


STANDARD?

PERFORMANCE OF
THE PHILIPPINES?

PROPOSED PHILIPPINE EXTRACTIVE


INDUSTRIES TRANSPARENCY
INITIATIVE ACT
MULTI-STAKEHOLDER
GROUP

GOVERNMENT

INDUSTRY

CIVIL SOCIETY

IP GROUPS

PROPOSED PHILIPPINE EXTRACTIVE


INDUSTRIES TRANSPARENCY
INITIATIVE ACT
SCOPE OF THE PH-EITI
PROCESS

REVENUE
TRANSAPARENCY

CONTRACTS
TRANSPARENCY

ACCESIBLE
DATA

PROPOSED PHILIPPINE EXTRACTIVE


INDUSTRIES TRANSPARENCY
INITIATIVE ACT
SCOPE OF THE PH-EITI
PROCESS

MINING
INDUSTRY

UPSTREAM
OIL AND GAS

UPSTREAM
COAL SECTOR

PROPOSED PHILIPPINE EXTRACTIVE


INDUSTRIES TRANSPARENCY
INITIATIVE ACT
SECRETARIAT'S
OFFICE

OFFICE OF THE
PRESIDENT

FUNDING

PROPOSED PHILIPPINE EXTRACTIVE


INDUSTRIES TRANSPARENCY
INITIATIVE ACT
PENALTIES

PARTICIPATION

SUSPENSION FOR
NON-COMPLIANCE

MANDATORY FOR ALL


COMPANIES IN THE
SECTORS COVERED
EXEMPTION FROM
CONFIDENTIALITY
CLAUSES