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Home Business

Revenue Watch organizes conference on Good Governance of Extractive Industries

bySami Zaptia
May 3, 2012
Reading Time: 1 min read
A A

Tripoli, 3 May:

Revenue Watch Institute (RWI) is organizing a two day conference at the Mahari Radisson in Tripoli, 8-9th May on . . .[restrict]‘Building Civil Society’s Capacity to Strengthen Good Governance of the Extractive Industries Sector in Libya’.

The conference is to ‘create an atmosphere conducive to trust-building and the exchange of information among participants’, RWI says. The focus will be on enabling Libyan NGOs and activists to interface and potentially form the basis of a network.

It also aims to introduce participants to the Extractive Industries (EI) sector and to create familiarity with the EI Value Chain, basic concepts of EI governance and what it means to manage revenues from oil and gas responsibly, with an emphasis on the links between resource wealth, poverty/growth, conflict and corruption.

Concepts of transparency and citizen engagement/accountability will be touched upon, as well as revenue management, covering ways in which resource wealth can drive development, moving into EITI standards and their significance, including EITI reporting.

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The conference also hopes to derive current needs and challenges to working in the EI sector in Libya by soliciting feedback and encouraging brainstorming among participants. Participants will also explore, with RWI facilitation, how their work relates to EI governance. [/restrict]

Tags: accountabilitycitizen engagementEITIextractive industriesgood governanceRevenue Watch InstituteRWItransparency

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