Conservation and environmental news: Eastern African Marine Ecoregion
Mozambique seeks ways to implement Green Economy
Following the launch of Mozambique’s Green Economy Roadmap by His Excellency the President of ...
Cross-border illegal loggers put on notice
Illegal loggers operating between the border of Tanzania and Mozambique have been put on notice ...
Chinese and Mozambique Governments Support Unique Training for Companies Operating Oversees
The governments of China and Mozambique have moved to promote sustainable forest management ...
New Fisheries Act Lays Basis For Sustainable Fisheries In Mozambique
The Mozambican Parliament has by consensus approved a new Fisheries Act which will address ...
Its Full speed ahead for Fisheries policy and institutional reforms in the South West Indian Ocean
The Western Indian Ocean State’s efforts to help bring about improved marine fisheries reforms and ...
Tana River Delta Ramsar Site Status a Plus for Coastal East Africa
Mozambique creates Africa’s largest coastal marine reserve
The Primeiras and Segundas have been approved as a marine protected area in Mozambique making this ...
Tanzania Embarks on Road to Green Economy
"Our future lies in greening our economies. For Tanzania, the next step is launching ...
AfDB and WWF to launch Africa Ecological Footprint Report
The African Development Bank (AfDB) and global conservation group WWF (World Wide Fund for Nature) ...
Two twice ‘extinct’ trees rediscovered in coastal Tanzania
Scientists have confirmed the rediscovery of two tree species that were feared to have become ...
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