Grants and Contributions:

Title:
CANADA'S 2023-2024 CONTRIBUTION TO THE EITI INTERNATIONAL MANAGEMENT
Agreement Number:
GC-130425S
Agreement Value:
$325,000.00
Agreement Date:
Nov 29, 2023 - Mar 29, 2024
Description:
The objective of the Project is to promote and deepen the efficacy of extractive sector transparency on a global scale. The objectives are as follows: To bring together EITI Board members to: * Have policy discussions around EITI implementing countries' progress in implementing the revised EITI Standard. * Have policy discussions around EITI reporting and disclosures. * Have policy discussions around EITI supporting companies' compliance with the company expectations. * Have discussions on a number of country Validations. * Have discussions around EITI outreach activities. * To agree and close EITI's 2023 annual accounts and to present the 2024 Q1 accounts, full year financial forecast.
Organization:
Natural Resources Canada
Expected Results:

Benefits to Canada/Canadians: * Providing Canadian companies, investors and the general public access to open data, and resource-based productions, trade and financial information of these countries among the Oil & Gas and Mining Sectors. * Promoting access to open government, innovaiton within the natural resource sector and gender equality. Benefits to Stakeholders: The EITI is an international transparency standard in the oil, gas and mining sectors that seeks to increase transparency, deter corruption, and improve the governance of natural resources across the globe.

Location:
OSLO, NO 0151
Reference Number:
115-2023-2024-Q3-14599
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
International (non-government)
Recipient's Legal Name:
THE ASSOCIATION FOR THE EXTRACTIVE INDUSTRIES TRANSPARNACY INITIATIVE (EITI)
Program:
Small Scale Research
Program Purpose:

To encourage and accelerate innovation in the natural resources sectors; to assist in the protection of our natural resources; to encourage and develop new and more efficient techniques and technology for sustainable development of our natural resources; and, to provide for a better understanding and knowledge of our natural resources.