They do this first by depicting finance and rent - seeking privilege as part of the economy's real wealth - creating process rather than as
an extractive sector, and second, by, pretending that the financial problem is only a temporary liquidity problem, not a structural problem debt of debts that can't be paid — unless the government makes up the gap at the non-financial sector's expense.
As the «pay for work» practice is especially prevalent at the commodity - sourcing level of the food supply chain, the «No Fees» initiative initially focused on promoting ethical recruitment in palm oil and seafood sourcing, and has now scaled up to include companies in the electronics, apparel, and
extractives sectors.
«And four: as someone appointed to head NEITI, an organisation saddled with the weighty responsibility of promoting transparency and accountability in
our extractive sector, I and my colleagues need to demonstrate that we are not protected from the searchlight that we beam on others, that we are not excused from the standards that we hold others to.
Initially proposed by UK Prime Minister Tony Blair in 2002, EITI has developed a voluntary standard for revenue transparency for
the extractive sector.
First, stressors imposed on the reef will be confined to natural influences, the sale, lease and development of mangrove islands will cease and desist and penalties for members of
the extractive sector who try to get around these preventative measures will be onerous.
• Revoke law 30230 that weakens Peru's environmental protection procedures and institutions, and prioritizes investments in agriculture and
the extractive sector over land where there are pending indigenous land claims; strengthen and apply adequate resources to the National Service of Environmental Certification for Sustainable Investments (SENACE), the body entrusted with improving Peru's environmental impact assessment framework.
The recent vote against confirming the Acting Minister of Mines and Petroleum, Ms. Nargis Nehan has failed to take into account the extreme urgency of reforming Afghanistan's
extractive sector
This is a powerful boost for the open contracting movement which is key to good governance in
the extractive sector.
Not exact matches
This is hypothesized to happen for many different reasons, including a decline in the competitiveness of other economic
sectors (caused by appreciation of the real exchange rate as resource revenues enter an economy, a phenomenon known as Dutch disease), volatility of revenues from the natural resource
sector due to exposure to global commodity market swings, government mismanagement of resources, or weak, ineffectual, unstable or corrupt institutions (possibly due to the easily diverted actual or anticipated revenue stream from
extractive activities).
A total of 500 of the top global companies from four key
sectors (apparel, agriculture, ICT and
extractives) will initially be researched and ranked.
«Nigeria is already collating this information through the
extractive industry initiative process and will extend it to other
sectors,» the statement read.
Efforts to ensure more transparency in the mining
sector have been given a boost by Britain's decision to sign up to the
Extractive Industries Transparency Initiative (EITI), a global organisation encouraging national governments to be more open about their dealings with the industry.
These among others are the key suggestions in the 2015
Extractive Industry Transparency Initiative (EITI) report on the oil and gas as well as the mining
sector.
Global campaigns such as the
Extractive Industries Transparency Initiative (EITI) to bring more transparency to the oil and gas
sectors in an effort to alleviate the resource curse have yet to live up to their promises, a new study finds.
Eliminate (100 %) all unsustainable tax incentives: Tax exemptions, subsidies, regulatory frameworks and other incentives are redirected towards sustainable, knowledge and employment - intensive
sectors and local sustainable value chains and away from unsustainable activities, including industrial fisheries, forestry and agriculture, risky and otherwise unsustainable forms of energy production like fossil fuels, nuclear energy, unconventional energy production / franking and industrial bioenergy,
extractive industries and chemical industry
Interestingly G8 seeks more transparency in regard to the
extractive raw materials
sector â surely a hint that all is not well with the present estimates of reserves.
Fast, who is leading a Southern African - focused trade delegation of Canadian companies active in the
extractives and energy
sectors, was in Cape Town for the launch of SkyPower Cares, the corporate social responsibility (CSR) initiative of SkyPower — a Canadian developer of solar photovoltaic projects.
Already, there are a variety of
sectors working on different, grassroots solutions to move away from the current
extractive economy.
The scene is not unique to Indonesian New Guinea; it has been repeated across the world's largest archipelago for decades, partly a consequence of agricultural expansion by small farmers, but increasingly a product of
extractive industries, especially the logging, plantation, and mining
sectors.
Colin Roche,
extractives campaigner for Friends of the Earth Europe said: «Europe must end its addiction to fossil fuels, including in the transport
sector.
«Beyond the need for reforms of Libya's oil
sector, it is hard to think of a more obvious contemporary example than Libya to demonstrate the need for new international standards of transparency and accountability for the
extractive industries,» said Carini.
Holly also advises on incident response in the
extractive industries
sector and the potential for corporate criminal liability for industrial accidents.