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PHL to host EITI conference next year

  • The Philippines will host the Extractive Industries Transparency Initiative (EITI) Global Conference in June next year, as announced by the Department of Finance.
  • Finance Secretary and PH-EITI Chairman Ralph G. Recto highlighted that the country's hosting of the conference demonstrates its commitment to upholding EITI's principles and promoting good governance in extractive industries.
  • EITI is a global standard that promotes transparency in managing oil, gas, and mineral resources, with member countries committing to full transparency across the extractive value chain.
  • The conference will gather delegates from governments, industry, civil society, and academia to discuss strategic priorities including anti-corruption efforts, domestic resource mobilization, responsible resource governance policies, data use, transparency innovations, and challenges in the extractives sector.

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