Calls for transparency on resource extraction

Post Courier

CALLS have been made to the Government and the extractive industry for greater transparency through the disclosure of information related to the value chain of the country’s natural resource extraction.

The calls are from the PNG Resource Governance Coalition.

PNGRGC coordinator Martyn Namorong said the people of Papua New Guinea had the right to know about the exploitation of their resources.

And he said there must be a greater transparency about information on contracts, licences, production values, environmental and social impact data and data regarding payments made by government and industry to various parties.

“Informing communities about the importance of knowing their rights to resource projects and benefit sharing is especially important for all citizens, including women, children and the marginalised, but that is only possible if state agencies and the industry provide quality data and contextual information through the Extractive Industries Transparency Initiative (EITI)” Mr Namorang said.

The EITI is a voluntary, global effort designed to increase transparency, strengthen the accountability of natural resource revenue reporting, and build public trust for the governance of these vital activities.

It forms part of the Government’s efforts to achieve progress towards the National Government’s vision put forward in 2015.

PNGRGC is leading the charge representing the Civil Society and helping to secure concrete commitments from governments, resource owners, companies and the civil society in PNG to improve natural resource governance so that Papua New Guineans see their natural resource wealth being translated into sustainable human development.

The Secretariat hosted and attended a series of activities locally and abroad since September 2015 with the hope of forging partnerships with the civil society organisations, community members, the Government and the private sector organisations to ensure communities receive long-term benefits from resource projects.

In December last year, Mr Namorong and other members of the coalition attended two capacity building meetings on resource governance in the Asia Pacific in Fiji on December 1-2 and Philippines December 4-10.

1 Comment

Filed under Financial returns, Papua New Guinea

One response to “Calls for transparency on resource extraction

  1. Karis

    Admire your efforts. In Australia similar efforts to get mining companies to give us facts instead of vague unsupported rubbish written by paid consultants. This is a global struggle.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s