EITI Progress in Mongolia
description
Transcript of EITI Progress in Mongolia
![Page 1: EITI Progress in Mongolia](https://reader036.fdocuments.us/reader036/viewer/2022081501/568149f4550346895db725b5/html5/thumbnails/1.jpg)
EITI Progress in MongoliaEITI Progress in Mongolia
Presented by Dorjdari N., PWYP Mongolia Coordinator
Regional Meeting, Bishkek29 October 2010
![Page 2: EITI Progress in Mongolia](https://reader036.fdocuments.us/reader036/viewer/2022081501/568149f4550346895db725b5/html5/thumbnails/2.jpg)
Where are we at in terms of EITI?
• Mongolia has been announced ‘compliant’ during recent EITI Board meeting in Dar Es Salaam (October 19)
• In April, Mongolia was designated ‘candidate country’ and ‘close to compliant’; given 6 months to show progress
• Mongolia had problems with 5 indicators – indicators 11-15
![Page 3: EITI Progress in Mongolia](https://reader036.fdocuments.us/reader036/viewer/2022081501/568149f4550346895db725b5/html5/thumbnails/3.jpg)
Validation• Mongolia validated in November-December 2009• Coffee International was the validator• MSWG accepted the validator’s report• Initial report suggested Mongolia met all indicators – later
revision revealed 5 indicators not met• PWYP Mongolia Coalition did self assessment – very helpful
to prepare for the actual validation• Validation and the following EITI Board Decision to
announce Mongolia ‘close to compliance’ let to increased activity of MSWG and the government
• Validator shed light on some problems areas in MSWG, like formality of the process, clarity of definitions, etc.; helped understand some issues clearly at the MSWG level
![Page 4: EITI Progress in Mongolia](https://reader036.fdocuments.us/reader036/viewer/2022081501/568149f4550346895db725b5/html5/thumbnails/4.jpg)
Around EITI reports• 3 EITI reports so far, covering 2006-08• Auditors: Crane and White, Ernst and Young, Hart Group• Companies: Oil&Gas + Mining (exploration + producing); State
owned+private; Chinese+Russian+all others• Reports not included in the official reconciliation: for 2007, Institute of
Certified Accountants did reconciliation of 28 companies• Response from civil society:
– 2006 Report: Full Response Paper, Press Conference, TV Interviews– 2007 Report: Open Letter, Press Conference, TV Special Interview– 2008 Report: Open Letter, Press Conference, TV and Newspaper
Interviews, Full One Page Newspaper Special• Use of reports by civil society: Inadequate? -Tax policy?
![Page 5: EITI Progress in Mongolia](https://reader036.fdocuments.us/reader036/viewer/2022081501/568149f4550346895db725b5/html5/thumbnails/5.jpg)
Summary Stats 2006-2009
![Page 6: EITI Progress in Mongolia](https://reader036.fdocuments.us/reader036/viewer/2022081501/568149f4550346895db725b5/html5/thumbnails/6.jpg)
Beyond minimum EITI standards
• Mongolia EITI – disaggregated; company by company and payment by payment
• Some exploration companies included• Environmental reclamation costs and bond
are included in the reports• Information on production is included in the
reports• Two-tiered MSWG – National Council and
Working Group
![Page 7: EITI Progress in Mongolia](https://reader036.fdocuments.us/reader036/viewer/2022081501/568149f4550346895db725b5/html5/thumbnails/7.jpg)
Going forward• EITI Legislation– Includes contracts and licenses– Includes uranium, other minerals, oil
• Sub-national EITI Pilot– Soum (subprovincial) level EITI piloted– MSG at soum level established– Templates are being developed– Reports of soum
• EITI – from minimum standards to ‘high’ or ‘best international’ standards?
• Overhaul of financial reporting – routine financial report by all companies involved?
![Page 8: EITI Progress in Mongolia](https://reader036.fdocuments.us/reader036/viewer/2022081501/568149f4550346895db725b5/html5/thumbnails/8.jpg)
End of PresentationTHANK YOU FOR YOU ATTENTION!