Liberia Extractive Industries Transparency Initiative (EITI) Compliance
Consultants
Start Date:
March 2009
End Date:
June 2009
Country:
Liberia
Client:
Liberia EITI
Funder:
Liberia EITI
Project Information
OPM recently completed the first EITI Validation in Africa in assessing whether Liberia was fully compliant with the EITI principles and criteria. Following the publication and acceptance of the Liberia Validation Report written by OPM, at an EITI meeting held in Azerbaijan on 14-15 October 2009 the EITI Board formally announced that Liberia was EITI Compliant. The EITI Chairman Peter Eigen stated: 'Liberia is the first African country to be designated EITI Compliant. It is the first country to have included the forestry sector in its reporting. It has also undertaken extensive dissemination work to building community engagement in the EITI process. The success of Liberia in reaching EITI Compliance demonstrates what governments, companies and civil society can achieve when working together and political will is firmly behind the process.'
OPM is currently one of a handful of companies that is an accredited EITI Validator and is delighted to be able to offer professional consultancy services to the 30 Candidate Countries undertaking an EITI Validation. The Validation process represents the EITI’s quality assurance mechanism and aims to provide an independent evaluation of the progress a country has made in implementing the EITI and to make recommendations that may help improve or sustain the EITI going forward. The Validation exercise itself is critical to maintaining the EITI’s integrity and status as an international standard, and is an integral component of the overall EITI process.
Further information on the EITI Validation process is available on the EITI website and for more about Liberia’s experience with EITI please visit the LEITI website
