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On February 15, 2024 at 8:46:15 AM UTC, Gravatar eiti_data:
  • Updated description of 2018 Philippines EITI Report to

    This report provides comprehensive data across the value chain of the country’s extractive industries, featuring the year 2018 and highlighting information required by the EITI Standard and determined by the MSG to be relevant to bettering sector governance. Chapter 1 encompasses contextual information about the mining, oil and gas, and coal industries, such as economic contributions and updates on the legal and institutional frameworks. Wide-ranging developments that affect the way extractives are governed, such as social and environmental aspects, are also included. The information is presented in general and as specific to each of the industry sectors. Chapter 2 contains the scope, methodology, and results of the reconciliation performed by the independent administrator on the 2018 data covered. The third and final chapter discusses inroads made in bringing about transparency in the beneficial ownership of extractive industries in the country.