Conservation and environmental news: Eastern African Marine Ecoregion
Tanzania-Kenya sign agreement to check illegal timber trade
Kenya and Tanzania have signed a Memorandum of Understanding (MOU) to help tackle rampant illegal ...
Timber from Tanzania: supporting community forest enterprises
The “Ruvuma Landscape,” as WWF sees it, covers 280,000km2. It is one of the fastest growing regions ...
Kenya launches strategy to increase stake in lucrative tuna fisheries industry
Kenya has launched the country's first ever Tuna Fisheries Development and Management Strategy in ...
Tanzania tuna fisheries worth millions but underexploited
Tanzania's tuna fish industry is worth millions of dollars but remains largely underexploited.
Lucrative tuna fish could earn kenya over $136,000,000 anually
It is estimated that Kenya losses more than Sh10 billion annually through illegal, uncontrolled and ...
Tanzania to host regional timber trade forum
Tanzania is set to host the 2nd Annual East Africa Timber Trade Stakeholders Forum to be held at ...
African governments embrace fisheries reforms
African governments have adopted the first ever continental Policy Framework and Reform Strategy ...
Kenya joins the globe in earth hour celebrations
Kenya today joins over 162 countries and territories including over 7,000 cities throughout the ...
WWF Kenya to Green the Oil and Gas Sector
In the past 2 years, Kenya has discovered 3 large oil wells in Northern Kenya, which has led to ...
Kenya finally gets a new wildlife law
The conservation fraternity in Kenya was elated when the Wildlife Conservation and Management Act ...
National Civil Society Oil and Gas Conference
Venue: Boma Hotel, Nairobi Kenya.
The extractive industry includes the development and exploitation of natural resources including renewable (water, forestry, wildlife, and fisheries) and non-renewable natural resources (coal, oil, gas and minerals). Recent discoveries of commercially viable petroleum, coal and other mineral deposits have been reported. How these resources are accessed and developed will present either a blessing or a curse to the country. The greatest gainers or losers will be the host communities in the regions where these resources are found.
To enhance good governance in the oil and gas development sector, many countries in the world are introducing laws and regulations that require:
- Mandatory publication of natural resources agreement/contracts say on mining, oil and gas,
- Regulatory agencies and companies improve the accessibility and comprehensiveness of information and reporting,
- Introduction of mandatory transparency reporting by companies and regulatory agencies,
- All companies operating in their territories to make public all information relevant to revenue transparency.
EITI has set rules and requirements that detail what candidate countries must do to join, achieve and maintain compliance with the initiatives global standards for reporting extractive revenues. The rules also include provisions designed to ensure effective participation of civil society organizations.
Kenya needs to promote openness and accountability in the oil, gas and mining sector by becoming an EITI candidate. The government needs to voluntarily allow the country become an EITI candidate so as improve its local, national and international credibility and affirm its commitment in fighting corruption by publicly stating its intention to implement EITI while working with the civil society through an established multi-stakeholder group.
However for this to happen, civil society organizations and the public need to know what EITI is and how to participate effectively in EITI process. To this end, WWF in partnership with CANCO, KOGWG and TI has organized a one-day conference with the theme of “Towards enhancing greater transparency, accountability and good governance in oil and gas development (exploration and production) in Kenya” to be held at the Boma Hotel.
PROMOTING TRANSPARENCY AND ACCOUNTABILITY IN THE EXTRACTIVE INDUSTRIES IN KENYA
WWF, CANCO, KOGWG – Kenya Oil and Gas Working Group,Transparency International