Exploring Partnership Ctc Eiti Final
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The document discusses potential synergies between the Extractive Industries Transparency Initiative (EITI) and Certified Trading Chains (CTC) in improving transparency and governance in the mining sector. Both initiatives aim to increase transparency, though they approach it in different ways. There may be opportunities for collaboration, such as sharing resources, representation at international events, and capacity building at the national level. However, the degree of overlap depends on how deeply each initiative is implemented.
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Exploring Partnership Ctc Eiti Final
- 1. Exploring Synergies from Partnership The Case of the EITI and Certified Trading Chains in Mineral Production (CTC) Nicholas Garrett 8 th Annual CASM Conference Brasilia, October 2008
- 2. Partnership “ Partnership is critical to effective problem solving of the challenges facing business and the developing world. Simply put, the issues are too complex and interdependent, and the resources and legitimacy for tackling them too dispersed between sectors, for any one group to have all the solutions alone.” (Source : Jane Nelson , Director of the Corporate Social Responsibility Initiative at the Kennedy School of Government, Harvard University) © Nicholas Garrett, 2008
- 3. Partnership - Caveats Not an answer to every problem Not easy to establish, sustain and scale up Face strategic, policy-related challenges Operational Obstacles © Nicholas Garrett, 2008 Think first! Does it make sense?
- 4. Partnership - Benefits Harness the skills and resources of different sectors and actors Improve reach and impact Achieve greater efficiency Increase legitimacy © Nicholas Garrett, 2008 More effective and stronger development solutions
- 5. We support transparency in natural resources sectors! © Nicholas Garrett, Resource Consulting Services Limited, 2008 We support transparency in natural resources sectors! Let’s explore potential synergies and scope for partnership!
- 6. Exploring Synergies from Partnership The EITI and CTC – why? Both initiatives: provide incentives for companies and governments to support good natural resource governance in host countries have strong emphasis on transparency are of strategic importance to German development cooperation The EITI: already enjoys widespread political support welcomes debate on possible future avenues to further transparency, also in ASM CTC: requires more widely spread political support seeks legitimacy is learning © Nicholas Garrett, 2008
- 7. What is CTC Step by step move from CSR system of governance and assurance towards third party verification to possibly government regulations Phased approach from voluntary towards mandatory assurance of social and environmental performance Draft Standards have been developed Not a final product, planning & consultation are ongoing Rwanda Pilot to start 2009 DRC concept developed 2009 © Nicholas Garrett, 2008
- 8. CTC Intervention in the Value Chain Intervention depends on depth of implementation © Nicholas Garrett, 2008
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- 13. The EITI The EITI Success through narrow focus on reconciliation of payments – ONE aspect of the value chain only!! © Nicholas Garrett, 2008
- 14. The EITI - Related Concepts The “EITI + concept” (applied in oil and gas in Nigeria) Reconciliation of Payments Capacity Building Financial Audits of Companies and Government Process Audits Public Information Campaigns © Nicholas Garrett, 2008
- 15. The EITI - Related Concepts The “EITI ++ concept” (World Bank and others) Intervention along the entire value chain © Nicholas Garrett, 2008
- 16. The EITI - Related Concepts “ EITI in ASM concept” History: Until 2007: sporadic discussions within DFID 2007: EITI in ASM report Imperative to distinguish between the AM and SSM value chains The AM Value Chain: © Nicholas Garrett, 2008
- 17. The EITI - Related Concepts “ EITI in ASM concept” The SSM Value Chain: © Nicholas Garrett, 2008
- 18. CTC and the EITI – Contact Points Value Chain Intervention Biggest overlap with EITI concepts, particularly “EITI in ASM” CTC has wide focus, so actual overlap depends on depth of implementation of any of the EITI concepts © Nicholas Garrett, 2008
- 19. CTC and the EITI – Contact Points CTC Standard 17 : “Implementing companies are required to meet fiscal obligations required by host government law and publish all payments made to government in accordance with the standards of the EITI” © Nicholas Garrett, 2008 creates and enhances the governance structures required for the implementation of the EITI and/or its related concepts does not equate to EITI implementation in ASM
- 20. CTC and the EITI – Partnership Synergies vary between CTC and the EITI – and CTC and the EITI concepts If the EITI concepts were to develop further, more synergies would arise and partnership could be explored further Significant synergies between the EITI and CTC already exist - scope for collaboration in specific areas. © Nicholas Garrett, 2008
- 21. CTC and the EITI - Synergies International Mutual Learning International Secretariat Location Shared and/or Co-hosted Conferences Formal Representation Establishing the “EITI in ASM concept” National Enhancing Government Capacity and Control Functions Finding Civil Society Stakeholders to contribute to CTC Enhancing Civil Society Capacity Building Trust and Mutual Knowledge with the Private Sector National Level Process Management National and Sub-National Level Learning and Trust Building Data Gathering and Auditing Information Exchange Public Information Campaigns © Nicholas Garrett, 2008
- 22. Muito Obrigado! Download the corresponding report from: www.resourceglobal.co.uk For further details email: [email_address] © Nicholas Garrett, 2008