Tagged: oil
Africa’s remarkable growth, driven in large part by a minerals and energy boom, is threatened by illicit capital outflows and widening income gaps.
Oxfam welcomed commitments by France, Germany and the UK to make it mandatory for oil, gas and mining companies to publish data regarding their payments in resource-rich countries.
The deadline for the Extractive Industries Transparency Initiative arrives, but only two out of 22 countries have completed their validation.
Voluntary approaches to increasing transparent and accountable management of natural resources wealth are making sluggish progress. The Extractive Industry Transparency Initiative must put in place additional mandatory disclosure rules.
Today’s biofuel policies are not solving the climate or fuel crises but are instead contributing to food insecurity and inflation, hitting poor people hardest.
