This press release is also available in PDF
21 March 2013
For immediate release
The UK government has gone on record as opposing exemptions in the country- and project-level disclosure requirements for oil, gas, mining and forestry companies currently under discussion between EU Member States, the Commission and the European Parliament.
UK Business Minister Jo Swinson MP said in the House of Commons earlier today i
From presidential coups to new constitutions, our second documentary on Niger offers a quick snapshot of the political environment Publish What You Pay activists have faced over the past few years. It focusses on how the debate over natural resources has evolved, the treatment of Publish What You Pay activists under President Tandja's autocratic regime and their role in establishing a new level of openness in the country -- notably enshrining natural resource transparency as a key principle in Niger's new constitution.
Today the Publish What You Pay coalition together with Friends of the Earth Europe launched a Europe-wide advert in the Financial Times calling on the European Union to seize a historic opportunity to pass European transparency laws for oil, gas, mining and logging companies.
The laws would ensure that citizens and investors are able to benefit from greater transparency in natural resource deals struck between companies and governments around the world.
Publish What You Pay, the global civil society campaign for transparency in the extractive industries, warmly welcomed the strong stance on the European Union’s company reporting rules announced today by UK Deputy Prime Minister Nick Clegg and Business Minister Jo Swinson.
A couple of weeks ago, we travelled with Tearfund and Micah Challenge International to Brussels, where activists lobbied their MEPs for strong transparency rules for oil, gas and mining companies. Campaigners handed in a petition to the Danish permanent representation, which currently holds the presidency of the EU, asking them to support the swift adoption of effective transparency rules.
You can also view the press release in PDF format
Bill Gates today threw his weight behind laws that will require oil, gas and mining companies to be more transparent about the payments they make to governments around the world.
“I believe the G20 countries should endorse legally binding transparency requirements,” said Mr. Gates in a report on financing for development delivered at today’s G20 Summit in Cannes, France.
On Tuesday Tearfund, a Christian relief and development agency, handed in 10,000 postcards to the UK Chancellor from supporters calling for the UK Government to tackle corruption through Publish What You Pay legislation in the EU.
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Publish What You Pay (PWYP) Democratic Republic of Congo
The Democratic Republic of Congo might be one of the world’s richest countries in natural resources, but its population ranks among the poorest with four out of five citizens living on less than 30 cents a day.
Today for the first time, the G8 endorsed mandatory disclosure of extractive industry payments to governments.
In his address to the UN summit on the millennium development goals last night, President Obama highlighted the new US law requiring all oil, gas, and mining companies registered in the US to reveal all payments they make to governments around the world:
“We know that countries are more likely to prosper when governments are accountable to their people. So we are leading a global effort to combat corruption—which in many places is the single greatest barrier to prosperity, and which is a profound violation of human rights. That’s why we now require oil, gas and mining companies that raise capital in the United States to disclose all payments they make to foreign governments. And it’s why I urged the G-20 to put corruption on its agenda and make it harder for corrupt officials to steal from their people and stifle their development.“
Other countries must now follow suit to unlock billions of dollars in natural resource revenues so they can be used for sustainable growth.