Extractive Industries Transparency Initiative (EITI)
Norway supports the work of the Extractive Industries Transparency Initiative (EITI) both as a donor and as an implementing country. We welcome the reporting of companies’ payments to governments under this initiative. We welcome the 2016 EITI Standard, in particular the requirements regarding beneficial ownership.
*commitment is not specific or/and not measurable
This commitment is considered a statement because it describes Norway’s position regarding the Extractive Industries Transparency Initiative (EITI), rather than making a promise of future action. It is specific because it refers to the EITI and concrete areas such as the reporting of companies’ payments to governments and beneficial ownership.
The way this commitment is formulated does not include committal language on an action that can indicate the progress Norway’s government wants to achieve in relation to the EITI and beneficial ownership. Rather than committing to an action, the government “welcomes” it, and the requirements it refers to are not mentioned.
Last updated: 30 August 2022